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We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of ...
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a ...
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 has announced another major round of layoffs. The company now expects to end 2025 with approximately 75,000 core ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...