Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

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 ...

Intel is to cut down around 24,000 employees this year, which roughly accounts for a quarter of its workforce. The company ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel CEO Lip-Bu Tan made a shocking admission, saying it’s now “too late” for Intel to catch up in the AI race, as the company falls out of the top 10 semiconductor companies. Once a leader in ...