computingnewsdesk@channel.co.uk(Computing Staff) / Computing.co.uk Latest updates
Intel income drops 59%, announces up to $10bn in cutbacks – Our costs are too high and our margins are too low, says CEO Gelsinger Intel CEO Pat Gelsinger Thursday laid out a right sizing plan to cut $3 billion in 2023 and as much as $10 billion in costs by 2025 in moves that he said will impact headcount. Inclusive …
