US EditionAnother Giant Tech Announces that It Will Grant 15,000 People by the End of the Year. It Will Also Stop Two Projects in Europe.
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American technology giant Intel announced the cancellation of planned investments in Poland and Germany. A semiconductor factory was to be built near Wrocław, which could have employed 2,000 people. The company's CEO decided to change the company's course, announcing in a letter to employees that "we will be prudent and disciplined in allocating capital."
Intel announced that it has largely completed the grant plan aimed at 15% of its labour force, in a drastic move aimed at reducing costs and placing the company on the market after years of decline and significant losses.
·Bucharest, Romania
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