Intel's decision for staff layoff is a preemptive measure to safeguard the company as the personal computer market is on decline globally
Employees who are affected by the restructuring will be notified in the next 60 days, the company said
This is to pivot away from PC processor manufacturing and toward the "internet of things" and data center operations
Intel has reportedly seen a decline in its personal computer market as people have started moving towards smartphones and wearables
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