Industry Standard / #industry-standard


Intel Restructures Amid Jobs Cuts and Revenue Decline

April 22, 2025, 11:20 pm

Reports indicate that Intel is bracing for a major overhaul as the chipmaker prepares to slash more than 20,000 jobs—roughly 20% of its workforce—amid its fourth straight revenue slump. CEO Lip‐Bu Tan is spearheading this aggressive restructuring to stem the tide of mounting business challenges.

Reddit: r/business

androidheadlines.com / Intel's upcoming layoffs to affect 20% of its staff, report claims

zerohedge.com / Intel Reportedly Slashing Workforce To 2007 Levels

winbuzzer.com / Report: Intel to Cut Workforce by More than 20% This Week

theinformation.com / Intel Plans to Cut More Than 20% of Staff - The Information

techinasia.com / Intel reportedly to cut over 20% of workforce

techcrunch.com / Intel reportedly plans to lay off over 21,000 employees

tomshardware.com / Intel to announce a 20% workforce cut this week: Report

techinasia.com / Intel prepares for fourth straight revenue decline


permalink / 9 stories from 8 sources in 30 hours ago #chips #earnings #technology #business #leadership +


US Treasury warns of unsustainable China trade war amid market rally

April 22, 2025, 4:20 pm

The US Treasury Secretary recently warned that the ongoing trade battle with China may be unsustainable, sparking a market rally. With foreign demand faltering and economic pressures mounting, investors and policymakers alike brace for deeper turmoil as the administration navigates escalating trade tensions.

techinasia.com / China’s renewable energy storage exports hit by US tariffs

zerohedge.com / US Propane Tanker Diverts Chinese Port Call In Latest Warning Sign For China's Plastic Factories

theregister.com / Trump blinks: 'Substantially' lower China tariffs promised

bloomberg.com/technology / Gold Falls From Record as Trump Stances on Fed, China Calm Fears - Bloomberg.com

techinasia.com / IMF cuts global growth forecast due to tariffs

techinasia.com / China’s trade grows in April despite US tariffs

www.ft.com/ / Amazon and Walmart sellers hoard goods in Canada to wait out tariffs - Financial Times

www.ft.com/ / US markets rally as Treasury secretary says China trade war is ‘unsustainable’ - Financial Times

reuters.com/business / US Treasury Secretary says situation with China is unsustainable, source says - Reuters


permalink / 9 stories from 6 sources in 37 hours ago #china #government #finance #trade-policy #economic +


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