Intel plunges 30%, most since 1982, after announcing layoffs and weak guidance

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• Intel's stock plunged as much as 30% on Friday, its biggest daily decline since at least 1982.
• The dip comes after the company announced plans to lay off 15,000 workers.
• As part of quarterly earnings, Intel's forward guidance missed analyst estimates.

Intel's stock took a big hit after the company issued disappointing guidance and announced sweeping layoffs in its most recent earnings report.

Shares plunged as much as 30% on Friday, its biggest single-day drop since at least 1982...