Intel plans major layoffs, while Biden is looking to expand production - report

Intel is reportedly planning a major staff reduction, with thousands of employees potentially facing dismissal, as the largest US semiconductor manufacturer faces a poor economic outlook. The move will affect about 20% of workers in several divisions, including sales and marketing groups, according to Bloomberg. ----------------------------------------------------------------------------------------------- Freedom over censorship, truth over narrative. Follow us on Facebook: https://www.facebook.com/RTnews Follow us on Telegram: t.me/rtnews Follow us on Twitter: https://twitter.com/RT_com