Sacramento Inno Reported Wednesday, Intel To Cut 89 More Positions At Folsom R&D Campus
Portfolio Pulse from Charles Gross
Intel Corporation (INTC) is planning to cut 89 more positions at its Folsom R&D campus, as reported by Sacramento Inno.
August 17, 2023 | 11:37 am
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Intel's decision to cut 89 more jobs at its Folsom R&D campus may impact its operational efficiency and innovation capabilities in the short term.
The job cuts at Intel's Folsom R&D campus could potentially slow down the company's research and development efforts, which may negatively impact its ability to innovate and compete effectively. This could potentially lead to a decrease in the company's stock price in the short term.
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