The projected lay-off figure is based on anonymous sources and analyst expectations. Intel currently employs about 100,000 workers.
Intel is facing a decline in market share, revenues and profit. The chipmaker said earlier this year that it is preparing a major reorganisation that seeks to cut costs in excess of $1bn annually.
Intel has aggressively slashed prices for its existing products and is speeding up development of its next-generation processors as it attempts to win back market share from AMD.
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