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　　on Thursday, Intel lowered its 2022 revenue forecast, which is the second time this year. When asked if there would be layoffs, Intel CEO Pat Gelsinger responded that "human actions" would be part of the cost-cutting plan.

　　Shares of Intel rose 6% after hours, though its shares have fallen 47% this year.

　　In its earnings report, Intel announced that it will focus on cutting costs by $3 billion in 2023. "We'll do something in terms of labor costs, but it's only a small part of the overall cost structure," Kirsinger said. "It's more important to improve the efficiency of the factory network than labor costs."

　　According to Kirsinger, the adjustment may start in the fourth quarter, but he did not say how many employees will be affected.

　　By the end of 2020, Intel had 110,600 employees, before Kirsinger took office, and it wasn't long before Kirsinger took the helm. By October of this year, the number of Intel employees had increased to 131,500.

　　Intel's net profit for the three months ended Oct. 1 was $1.02 billion, compared with $6.82 billion in the same period last year.

　　Declining PC demand and fears of an economic recession have weighed on confidence in the data center market. However, Summit Insights Group analyst Kinngai Chan believes that the PC client business (PC Client) brings a glimmer of hope, because its revenue is still growing, the loss of Intel's share in the PC market should have eased, and the problem of reduced data center market share next year. Should also ease.

　　As demand for computers and other equipment dwindles, electronics companies have begun to cut orders for components, and components such as chips are struggling to clear their inventories.

　　Data provided by Counterpoint Research showed that PC shipments fell by 15.5% in the third quarter, and it expects a 13% decline in shipments for the full year, which is higher than Intel's estimate of a 10% decline.

　　Intel currently expects full-year 2022 revenue of $63 billion to $64 billion, compared with an earlier estimate of $65 billion to $68 billion, and an earlier estimate of $76 billion. Analysts' average annual revenue forecast is $65.26 billion.