Intel Cuts Some R&D Positions in California to Reduce Costs
 

As Intel continues to refocus on its core competencies, the company has been no stranger to shedding business units and jobs in the process. And while the roughly 132,000 headcount company hasn't enacted any massive layoffs, there have been numerous cuts at all levels over the past couple of years, with these layoffs now extending to R&D.

https://www.anandtech.com/show/20016...o-reduce-costs