Intel Job Cut: Slashing Work Force By 12,000 Jobs.
Intel: popular computer giant Intel has made it public it will cut down staffs by 11 percent aim at restructuring and accelerating its transformation goal.
As it stands presently, 12,000 staffs of Intel will be losing their across its various branches.
This is really the worst news to make public to Intel staff as the wave of Intel job cut will soon move across its various branches.
Intel CEO Brain Krzanich further made the news real putting it this way that “these is not changes we take lightly”.
He further reintegrated that “Acting now enables us to increase our investments in areas that are critical for our future success. This is a comprehensive initiative. We will emerge as a more collaborative, productive company with broader reach” Brain said.
This desktop computer chip maker have not been doing well for some time now, probably due to poor and decline sale in desktop computer lately.
With the aim of maintaining market profitability and ensure sustain growth, Intel has chose to embark on Intel job cut.
We hope to see this desktop chip making giant delve into other areas and see away of improving its long term reputation in the business.