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Intel to cut 10,500 jobs

June 26, 2018
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Chip-maker Intel Corp. said it will eliminate 10,500 jobs — about 10 percent of its work force — through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring. (CNN — 7 September, 2006)
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Chip-maker Intel Corp. said Tuesday it will eliminate 10,500 jobs _ about 10 percent of its work force _ through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring. (International Herald Tribune — 6 September, 2006)
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Shares of Intel Corp. fell nearly 3 percent Wednesday, a day after the world’s largest chip maker announced more than 10,000 job cuts that some investors believed were not severe enough. (International Herald Tribune — 7 September, 2006)
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Chip-maker Intel Corp. said Tuesday a total of 10,500 jobs will be eliminated over the next year through layoffs, attrition and the sale of underperforming business groups as part of a massive restructuring. (International Herald Tribune — 6 September, 2006)
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When Intel Corp. Chief Executive Paul Otellini announced an exhaustive review of the company’s unprofitable divisions in April, rumors began swirling about scorched-earth job cuts to reverse sinking profits. (International Herald Tribune — 7 September, 2006)
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Intel Corp said on Tuesday it is cutting 10,500 jobs, or about 10per cent of its work force, as part of a plan by the world’sbiggest microchip maker to become more competitive. – (Sydney Morning Herald — 6 September, 2006)
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Intel Corp., the world’s largest semiconductor maker, will cut 10,500 jobs — 10 percent of its workforce — as part of a plan to reduce costs by $3 billion annually starting in 2008. (Washington Post — 8 September, 2006)
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Intel is set to revamp its business as it seeks to reverse a slidein market share and its profit. – (The Age — 7 September, 2006)
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SAN JOSE, Calif. — Apple Computer Inc. on Wednesday updated its iMac line with Intel Corp.’s latest microprocessors. (Washington Post — 8 September, 2006)
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