The Business Times
The Business Times
Subscribe
Share on FacebookShare on TwitterView more
The Business Times
Create a free account with Business Times for seamless access across SPH Media products.
REGISTER
LOGIN

Startups & Tech

SUBSCRIBERS

Intel to cut 12,000 jobs globally as PC industry buckles

Published Wed, Apr 20, 2016 · 09:50 PM
Share this article.

San Francisco

INTEL Corp said on Tuesday it would cut 12,000 jobs globally, or 11 per cent of its workforce, as it refocuses its business towards making microchips that power data centres and Internet-connected devices and away from the declining personal computer (PC) industry it helped found.

Tech companies including the former Hewlett Packard Co and Microsoft Corp have reorganised in the face of the PC industry decline. Many new tech users rely on mobile phones for their computing needs …

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Technology

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here