Intel has warned that it will cut several thousand jobs, as it expects no revenue growth in 2014. The chip company has said it expects to lose 5% of its workforce, in the face of a continued slump in PC markets. Intel posted its 2013 results on 16 th January, showing full-year revenue of $52.7 billion and operating income of $12.3 billion , down by 1% and 16% from 2012 respectively. Revenue for the PC Client Group was down 4% from 2102, to $33.0 billion . Revenue for the Data Center Group was up 7%, to $11.2 billion . "We had a solid fourth quarter with signs of stabilization in the PC segment and financial growth from a year ago," said Intel CEO Brian Krzanich . "We've built a strong foundation for our business by bringing innovation to the market more quickly across a wide range of computing platforms. For example, at CES, we demonstrated multiple devices that weren't on our roadmap six months ago."
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