Intel To Cut 12000 Jobs

Intel To Cut 12000 Jobs

Announce Tuesday,inter the tech giant will cut 12,000 people from its workforce.

Intel said most of the staff affected by the dismiss will be notified in the next two month while other cuts may happen in mid-2017.

Intel is the largest computer chip-market in the world.All most computers were use chip from Intel up to now.Its microprocessors have dominated the PC industry.

But Intel can not replicate success across mobile device because it stuff impact of tablet.About 60% of Intel's sale and profits came from microprocessor and chip business.

The company predict it to save $750 million this year and $1.4 billion by the middle of next year from the job cuts.

At last,Intel said it plan to invest more in its date center and convertible laptop-table devices.http://money.cnn.com/2016/04/19/technology/intel-layoffs/index.html