Last month, Qualcomm set in motion a range of cost cutting tactics in hopes of saving $1 billion, resulting in over 1,500 workers being made redundant. Now, it seems that the chipmaker is thinking of bowing out of the server chip market entirely due to stiff competition. Qualcomm has made …
Read More »Intel to cut workforce by 11 percent, 12,000 staff to be let go
Earlier this week, reports began circulating stating that Intel was planning a huge round of job cuts. At the time, we didn't know how many would be affected but following on from the company's quarterly earnings report, the announcement was made that Intel would be cutting down its workforce by …
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