Intel to shed at least 15 percent of staff, discontinue dividend to save costs

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Intel to shed at least 15 percent of staff, discontinue dividend to save costs (www.theregister.com)

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[–] • 1 pt

Their stock dropped more than 5% today and it’s currently down almost 19% after hours. I don’t think investors see it as a sinking ship—yet—but they definitely see it at a much lower value.

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[–] • 0 pt

I can understand that - Intel hasn't given anyone reason to think they have a lot of value these days.

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