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Cryptopolitan on MSNIntel stock plunges after CEO's strategy shiftOn Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
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 ...
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