Intel confirms 12,000 jobs cut

They said that they are primarily focusing on growing engines, along with memory and fpga acelerating.

Because of this more than 12,000 people were cut of their job from intel

to top that the company predict that theyll be saving 720 million of dollar with these growth

and acording to firm they achieved $2.2  bn of revenue from these "growing businesses".

link:https://www.electronicsweekly.com/news/business/intel-confirms-12000-job-cuts-and-restructuring-2016-04/