Senator Questions Intel's Job Cuts Amid $20 Billion Government Funding

Reported about 1 month ago

Republican Senator Rick Scott has raised concerns with Intel CEO Pat Gelsinger regarding the company's plan to cut over 15,000 jobs, despite receiving nearly $20 billion in U.S. funding aimed at enhancing chip production. He requested clarity on how Intel will ensure that taxpayer dollars are protected and whether these layoffs will affect the company's semiconductor manufacturing efforts.

Source: YAHOO

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