Intel to cut workers in Austin amid cost-cutting move

AUSTIN (Austin Business Journal) -- Intel Corp. is laying off more than 250 employees in Austin, part of a broad cost-cutting move announced by the chipmaker over the summer in which it is eliminating about 15,000 jobs companywide.The Santa Clara, California-based company detailed plans for 251 Austin layoffs in a notice to the Texas Workforce Commission required under the federal Worker Adjustment and Retraining Notification Act, which mandates that employers alert local governments to large jo