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Wall Street stocks drop as Intel announces major layoffs

Al Mayadeen English   Source: Agencies    2024-08-02 14:49    0 Shares
3 min read

Intel had previously announced a major round of layoffs in October 2022 and planned to cut between $8 billion and $10 billion in costs annually through 2025.

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The New York Stock Exchange is shown on July 10, 2024, in New York. (AP)
The New York Stock Exchange is shown on July 10, 2024, in New York. (AP)
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