Tech layoffs: Intel offers unpaid leave to workers instead of firing them
Shortpedia
Content Team
Image Credit: india today
Chip-maker Intel has begun layoffs and is also offering thousands of manufacturing employees globally three months of unpaid leave as it aims to weather the poor sales amid global macroeconomic conditions. The company started its expected layoffs in California with at least 201 employees as "part of a broader cost cutting effort", reports CRN.
