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Intel "brings down" employment in 2014

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Friday, January 17, 2014

The chipmaker reported mixed fourth-quarter financial results and will reduce employment to contain costs.

Thursday’s results sent Intel shares down more than 4 percent in after-hours trading, pulling the company back off the 20-month high it hit earlier in the week. The stock closed at $26.54 earlier in the day, before the company issued financial results.

Read more at OregonLive.com

 

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