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
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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