Contents. Intel is cutting 12,000 jobs across the company about 11 percent of the workforce amid the shift from a PC-centric world to cloud and data center computing. This ultimately leads to layoffs, capex cuts, R&D budget cuts and all of the usual things that come with the "death spiral.
. Intel Announces Major. The company said the layoffs are part of a "restructuring" plan to move the company's focus to mobile devices, yet only American workers will be affected. .
. . The company is one of the largest providers of mobile telephone services and the largest provider of fixed telephone services in the United States.
". Many with very serious intellectual merit will be out. Qualcomm continues to shed workers in San Diego and elsewhere as part of a pledge to shave 1 billion in annual costs Qualcomm Layoff 2020 Qualcomms Steve Mollenkopf Is Good For His Word; Company Will Lay Off 1500 Employees As Part Of CEOs Promised Cost Reduction Program By Ramish Zafar Apr 18,.