{"id":842516,"date":"2024-08-08T10:11:33","date_gmt":"2024-08-08T04:41:33","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=842516"},"modified":"2024-08-08T10:11:33","modified_gmt":"2024-08-08T04:41:33","slug":"why-intel-shareholders-are-suing-the-company-after-job-cuts-last-week","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/08\/why-intel-shareholders-are-suing-the-company-after-job-cuts-last-week\/","title":{"rendered":"Why Intel shareholders are suing the company after job cuts last week"},"content":{"rendered":"<p>Intel recently announced to reduce its head count by more than 15% of its workforce, some 15,000 people, to reduce costs. In a latest, Intel shareholders have now sued the chipmaker. The shareholders claim that the company&#8217;s materially false or misleading statements about the business and its manufacturing capabilities inflated its stock price from January 25 to August 1, a Reuters report says.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel recently announced to reduce its head count by more than 15% of its workforce, some 15,000 people, to reduce costs. In a latest, Intel shareholders have now sued the chipmaker. The shareholders claim that the company&#8217;s materially false or misleading statements about the business and its manufacturing capabilities inflated its stock price from January 25 to August 1, a Reuters report says.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-842516","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/842516","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\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=842516"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/842516\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=842516"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=842516"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=842516"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}