Intel has increased restructuring costs by $700m. The $1.4bn restructuring costs as part of #ACT led to 12,000 job losses. So extrapolating this 6,000 is a reasonable number. Stacy the outgoing CFO said this will be more weighted to #Europe and #McAfee divisions. This does not bode well for colleagues in #Munich, #Nuremberg and #Duisburg.
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