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Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
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Intel stock plunges after CEO's strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel has released its second-quarter earnings report and its plan to lay off about 24,000, or a third of its current ...
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