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Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...
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 ...
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.
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its business around.
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
The layoffs were confirmed in Intel’s official press release for Q2 2025. In it, Intel says that the layoffs will make the ...
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.
Intel Corp. will eliminate 227 positions at its Rio Rancho facility by September, according to a newly issued Worker ...