
Intel planning 20,000 more jobs cuts as part of restructuring - report
Second round of layoffs employees have faced in a 12 month period
Second round of layoffs employees have faced in a 12 month period
But T-Mobile expected to take on majority of employees
CFO Marie Myers said “recent tariff announcements have created uncertainty for our industry”
Part of struggling company’s cost-cutting and restructuring efforts
Claims to be targeting lowest performers
Will make the company more "agile"
New round of layoffs kicked off at start of November
Following 800 earlier this year
Redundancies are a result of the company’s restructuring plan