Intel to Layoff: 12000 Job Cut

Intel doing major shake-off, to layoff 12000 of its engineering force from PC business.
According to press release Intel is shifting its focus from PC business to IoT-Internet of Things, Data center, Memory and FPGAs, Connectivity business, Two-in-Ones, Gaming and Home Gateways.

Intel, Best of Luck !

Press Release

Intel Layoffs Are A Sign Of Poor Management