Blue-themed image featuring the word "intel" prominently in the center. Background includes various abstract elements like graphs, numbers, and technical schematics, alluding to technology and data processing.

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Blue-themed image featuring the word "intel" prominently in the center. Background includes various abstract elements like graphs, numbers, and technical schematics, alluding to technology and data processing.

After reports arose yesterday that Intel would slash jobs in an attempt to cut costs and recoup overall value, the company made these anticipated moves today alongside releasing horrible second-quarter financial results.

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