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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 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 ...
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
Intel has announced another major round of layoffs. The company now expects to end 2025 with approximately 75,000 core ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel stock drops nearly 9% after Q2 earnings miss and major layoffs. Here’s what investors need to know as summer leads to ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around ...
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