Intel Global Project Withdrawals

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Intel Confirms Mass Layoffs

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.

Benzinga · 4d

Intel CEO Says He's 'Making Hard But Necessary Decisions' As Chipmaker Announces Massive Layoffs, Project Cancellations

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it struggles to compete with AI chip leader Nvidia and regain its edge in the rapidly evolving semiconductor industry.

PCMag on MSN · 4d

Intel Confirms Mass Layoffs, Over 24,000 Jobs To Be Cut This Year

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

As sales slump, new Intel CEO's contract manufacturing plan to face investor scrutiny

Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...

NBC4 Columbus4mon

Why Intel says it had to delay its Ohio One project in New Albany

COLUMBUS, Ohio (WCMH) — Intel released its annual 2024 report and 2025 forecast, addressing financial and political concerns that will affect the Ohio One plant. On Thursday, Intel released b… ...

Cleveland.com7mon

Intel’s Ohio project moves ahead, but questions linger over company ...

News Intel’s Ohio project moves ahead, but questions linger over company’s microchip strategy Published: Dec. 15, 2024, 9:16 a.m.

The Cincinnati Enquirer5mon

Intel semiconductor project in Ohio faces another delay

Intel has delayed the opening of its first Ohio semiconductor factory to 2030. The delay was attributed to financial struggles and a need to align chip production with market demand. Intel says it ...

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