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Intel eyes hundreds more Bay Area job cuts as tech layoffs worsen

Unemployment,Business

From the Left

SANTA CLARA — Intel has decided to slash well over 700 Bay Area jobs in July as the longtime chipmaker embarks on a restructuring it hopes will create a more nimble company. The tech company filed a new WARN letter with the state’s labor agency that sketches out plans for 736 job cuts in Santa Clara at several locations at or near the company’s headquarters. Intel had previously notified the state Employment Development Department that it intended to eliminate 410 jobs in Santa Clara, according to a filing dated July...

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