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Intel to sack about 340 employees at Folsom Campus in California; calls it 'difficult decisions’

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Calling it "difficult decisions,' chip-maker Intel is laying off nearly 340 employees at one of its campuses in the US. Intel told state and local officials that it plans to lay off about 340 workers at its Folsom campus in California, reports KCRA 3. The Folsom campus has seven buildings. "These are difficult decisions, and we are committed to treating impacted employees with dignity and respect," Intel said in a statement.