Intel to slash workforce

By Pete Danko | Phoenix Business Journal

Intel Corp., one of the Valley’s largest employers, said it would cut more than 15% of its workforce and then reported another quarter of poor results Thursday afternoon, including a $1.6 billion loss.

Intel CEO Pat Gelsinger posted a public letter to employees that said about 15,000 jobs would be lost. Those job cuts and other cost-saving measures amounted to “some of the most consequential changes in our company’s history,” he wrote.

Read the full subscription story from the Phoenix Business Journal.

Share this!

Additional Articles

Arizona one of the top states for data centers

By Jeremy Duda | Axios The big picture: A recent Pew Research Center analysis shows that as of February, Arizona had more data centers operational or planned than most other states. By the numbers: Arizona has 98 data centers currently operating — placing it

Read More »

Supervisor Miller joins state water board

By Noah Cullen | Pinal Central Pinal County Supervisor Steve Miller, a longtime water advocate, has been appointed to the statewide board focused on maintaining water infrastructure, Water Infrastructure Finance Authority of Arizona. Throughout his time on

Read More »

STV seeks MAG membership

By Justin Matthews | Pinal Post Key Points SAN TAN VALLEY, AZ — San Tan Valley Town Council voted on April 15 to seek membership in the Maricopa Association

Read More »
News Categories

Get Our Twice Weekly Newsletter!

* indicates required

Rose Law Group pc values “outrageous client service.” We pride ourselves on hyper-responsiveness to our clients’ needs and an extraordinary record of success in achieving our clients’ goals. We know we get results and our list of outstanding clients speaks to the quality of our work.