Intel Reportedly Readies Mass Layoff
Dylan McGrath, EETimes
4/15/2016 11:00 AM EDT
The report, which cites multiple anonymous sources said to be familiar with Intel’s plans, said the cuts would start this spring and continue throughout the year. The report indicates that the move could be announced following Intel’s first quarter earnings report on Tuesday.
Intel, the world’s biggest semiconductor maker, has about 107,000 employees at locations throughout the world. The Oregonian reported that Intel eliminated about 1,100 jobs last year.
To read the full article, click here
Related Semiconductor IP
- DC-DC Split-Pi Boost-Buck Converter
- Deep learning accelerator
- MIL-STD-1553 Controller IP
- UFS 5.x Device IP
- UCIe 3.x Controller IP
Related News
- Foxconn Reportedly Readies Chip Fab in China
- Intel Financial Risks, Layoffs, Foundry Ambitions
- Amphion readies hardware accelerator cores
- Virage Logic readies self-repairing embedded memory
Latest News
- Tenstorrent Sets New Performance Records, Launches TT- Ascalon S, and Expands Across Japan
- Chips&Media Signs APV codec IP Licensing Deal with North American Big Tech, Establishing the ‘Second Front’ Against Apple’s ProRes
- Chipsolve Technologies Appoints Balaji Kanigicherla as Chairman of the Board
- OXMIQ Raises $35 Million to Scale OxCore™ Architecture
- SOC-E successfully showcases Time-Sensitive Networking (TSN) application for NGWS/FCAS Remote Carrier (Pillar 3)