Intel Corp., the world's biggest maker of semiconductors, said it will cut 12,000 jobs, or 11 percent of its workforce, retrenching as the personal-computer market heads toward a fifth year of decline.
Intel Corporation on Tuesday addressed rumors circulating in recent days about the company's future in Costa Rica, saying in a press release they will close their microchip assembly and testing operations in the country over the next six months. A total of 1,500 employees will lose their jobs.
