News

Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel says a fifth of its workforce will be gone by year’s end
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel announces it will lay off about 15% of its total workforce by year’s end
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 cuts 15% of its staff as it pushes to make a comeback
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling ...
Intel sees 15% workforce reduction as CEO Tan plans revival
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 ...
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Intel CEO unveils drastic workforce reductions by year-end amid turnaround plan
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.
The Layoffs Keep Coming as the Remaking of Intel Rolls On
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Intel Workforce Reduction Grows to 25,000 Amid Turnaround Efforts
Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC ...
Intel (INTC) Stock Trades Down, Here Is Why
Shares of computer processor maker Intel (NASDAQ:INTC) fell 9.6% in the afternoon session after the company reported an ...