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Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet

-Intel said on Thursday it would cut more than 15% of its workforce and suspend its dividend starting in the fourth quarter as the chipmaker pursues a...

By: Yahoo Entertainment

Aug 03 2024
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12326 Views

Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet

-Intel said on Thursday it would cut more than 15% of its workforce and suspend its dividend starting in the fourth quarter as the chipmaker pursues a turnaround centered around its loss-making manuf… [+2751 chars]

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July Employment Report: 114 thousand Jobs, 4.3% Unemployment Rate