Tech Trends: Is Intel cutting 12,000 jobs a sign of a bubble pop?

 

SAN FRANCISCO (KRON) —¬†With Intel announcing 12,000 job cuts happening in three months from now, some are wondering if this is a sign of a bubble pop.

So, our Tech Trends reporter Gabe slate shows us what the impact of the Intel layoffs could be here in the Bay Area.

And he talked to an expert about the possibility of a bubble.

Intel has 108,000 global employees. About 6,200 work in Santa Clara, the company’s headquarters.

Most of the job cuts are coming from their PC departments.

Watch the above video to see Gabe’s full report.

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