A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.

Intel (INTC) is planning to cut 15% of jobs and plans to end the year with a global headcount of ~75,000 as a part of ...

Intel’s new CEO, Lip-Bu Tan, pushes major reforms amid a 15% workforce cut. Despite beating revenue forecasts, the company shifts strategy to boost agility and efficiency.

During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.

Intel has been hunting for cost reductions for well over a year. The company's worldwide workforce fell by 5% to about 125,000 in 2023, although its payroll locally rose by 1,000.

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...