{"id":839021,"date":"2024-07-31T09:20:22","date_gmt":"2024-07-31T03:50:22","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=839021"},"modified":"2024-07-31T09:25:09","modified_gmt":"2024-07-31T03:55:09","slug":"intel-to-cut-thousands-of-jobs-to-reduce-costs-layoffs-to-begin-this-week","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/31\/intel-to-cut-thousands-of-jobs-to-reduce-costs-layoffs-to-begin-this-week\/","title":{"rendered":"Intel to cut thousands of jobs to reduce costs, layoffs to begin this week"},"content":{"rendered":"<p>Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses. <\/p>\n<p>The workforce reduction may be announced as early as this week, according to people familiar with the company\u2019s plans, who asked not to be identified because the information isn\u2019t public. Intel, which is scheduled to report second-quarter earnings Thursday, has about 110,000 employees, excluding workers at units that are being spun out.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses. The workforce reduction may be announced as early as this week, according to people familiar with the company\u2019s plans, who asked not to be identified because the information isn\u2019t public. Intel, which is scheduled to report second-quarter earnings Thursday, has about 110,000 employees, excluding workers at units that are being spun out.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-839021","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=839021"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/839021\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=839021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=839021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=839021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}