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

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

The chipmaker, which recently revealed 2,400 layoffs in Oregon, will need to trim thousands of additional jobs to reach an ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

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

July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...

Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...

Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

As of December 2024, Intel’s headcount stood at 109,800, with around 99,500 of them classified as ‘core employees. The ...