Intel to Cut 12,000 Jobs as PC Demand Slumps
 By QUENTIN HARDY

 The company, the largest semiconductor maker, will lay off 11 percent of its work force as it shifts to supplying chips for phones and other devices.

 Published: April 19, 2016 at 06:00PM

 via NYT Technology http://www.nytimes.com/2016/04/20/technology/intel-earnings-job-cuts.html?partner=IFTTT

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