Beleaguered Intel looks to ‘austerity’ for salvation

MacDailyNews
Aug 1, 2022, 3:04 pm523 pts
Pat Gelsinger, CEO of beleaguered hotplate-maker Intel, has tasked his hopelessly outclassed team with finding new cost savings as he looks to “austerity” for salvation. Brian Sozzi for Yahoo Finance: “This is a time for a bit of austerity,” Gelsinger told Yahoo Finance on Friday. “We had stuff we created over…

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