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Intel Set to Announce Plans to Cut Over 20% of Staff
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April 23, 2025
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2:16Now PlayingStruggling chipmaker Intel is poised to announce plans to cut more than 20% of its staff this week, Bloomberg has learned. Jane Lanhee Lee reports on the difficulties facing the tech company, which long dominated the market for personal computer processors, but has been slow to respond to the growth of AI.
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