Intel
seems to be established to be the most current tech corporation to announce work cuts in the confront of a gloomy macro outlook—a signal that a bitter wintertime is coming for the sector. From a additional macro perspective, there are explanations to be less pessimistic.
Intel
(ticker: INTC) may announce 1000’s of task cuts all around the time of its 3rd-quarter earnings on Oct. 27 as it seems to slash charges amid a fall-off in need for personalized computer systems, Bloomberg noted Tuesday, citing nameless resources.