Intel’s Krzanich Cuts 12,000 Jobs in Push to Ease PC Dependence – Bloomberg

Intel’s Krzanich Cuts 12,000 Jobs in Push to Ease PC Dependence

Intel Corp. Chief Executive Officer Brian Krzanich is eliminating 12,000 jobs — the chipmaker’s deepest cutbacks in a decade — taking his most radical step yet to move Intel into new businesses and ease its dependence on the shrinking personal-computer market.

http://www.bloomberg.com/news/articles/2016-04-20/intel-s-krzanich-cuts-12-000-jobs-in-push-to-ease-pc-dependence