Intel provided more detail about the scope of its planned job cuts and other business changes while sharing its second-quarter earnings results. Reports in April suggested that Intel could eliminate around 20 percent of its staff in a restructuring plan. Today, the chipmaker said it anticipates having a core workforce of 75,000 employees by the end of 2025. That’s about a third less than the 108,900 people it employed at the close of the previous fiscal year.
These cuts are part of the company’s current goal to bring its non-GAAP operating expenses down to $17 billion
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