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Intel To Lay Off 5380 People By 2014 - Second Year Consecutive Loss

HardwarePal : On Friday a spokeman from Intel Chris Kraeuter stated that Intel is planning a lay off of 5380 people by the end of 2014. Intel is not alone in this process as HP(Hewlett-Packard) also announced earlier that they would be performing an additional 5000 lay offs this year which will total 34,000 starting from 2012.

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