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Memo Says Intel Plans Job Cuts Across The Company
Maybe this is what Intel meant when they said they were allocating $300 million for workplace diversity back in January.
A confidential, internal memo obtained by The Oregonian/OregonLive indicates that Intel wants to keep expenses flat to match the company's reduced revenue outlook for 2015, citing plans it announced in April to cut its research and administrative budget by $300 million this year.