Intel reveals plans to lay off thousands of workers

(Image by Pete Linforth from Pixabay)

Andy Jassy, the chief of Amazon, recently warned that technology, specifically artificial intelligence, will cost thousands of Americans their jobs in coming months and years.

Intel, the faltering legacy tech company, confirmed that.

It announced, in an email sent to employees, that it could lay off as many as one-fifth of its staff.

“These are difficult actions but essential to meet our affordability challenges and current financial position...