US chip giant Intel said Friday it will trim its workforce by five percent this year as it shifts from personal computers to powering mobile gadgets.
The Intel logo is displayed outside of the Intel headquarters on January 16, 2014 in Santa Clara, California
Word of the job cuts came a day after Intel reported that its net profit last year sank 13 percent but that the troubled personal computer market appeared to be stabilizing.
Keep up-to-date with the latest on coup d'etat with Bangkok Post SMS News. Call *451391000 to subscribe – 39 baht/month (7 days free, available in Thailand only) Bangkok Post SMS News: Deliver only trustworthy news on SMS
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.