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Edex Live on MSN“No more blank checks”: Intel lays off 25% of workforce, CEO defends ‘Hard but necessary decisions’Intel is to cut down around 24,000 employees this year, which roughly accounts for a quarter of its workforce. The company ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe ...
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Boeing's CEO lays out his 4-part turnaround plan to fix ... - MSNBoeing's new CEO shared a memo with employees on Wednesday laying out his plan to turn around the struggling planemaker. Kelly Ortberg, who took over in August, said that "trust in the company has ...
Scale AI, the San Francisco data labeling startup, is laying off 200 full-time workers and 500 contractors a month after Meta poached CEO Alexandr Wang.
Business Nvidia CEO Jensen Huang can resume AI chip sales to China after meeting with Trump: ‘Monster win’ By Ariel Zilber Published July 15, 2025, 8:53 a.m. ET ...
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