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Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products.
Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division ...
Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but ...
Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This ...
In a memo to employees, Intel Manufacturing Vice President Naga Chandrasekaran acknowledged the gravity of the decision. "These are difficult actions but essential to meet our ...
The move is tied to Intel’s effort to reshape its Foundry business—its internal manufacturing arm—into a “leaner and more ...
"Law & Order: SVU" star Mariska Hargitay is making her feature film directorial debut with “My Mom Jayne,” a documentary ...
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
Intel is reportedly planning to layoff between 15% to 20% of its factory workers, The Verge stated adding that most of these ...
Intel’s chip makers fear significant job losses as the company struggles with financial pressures. A leaked memo from Intel ...
A report from OregonLive claims the cost-cutting effort, scheduled to begin as soon as mid-July 2025, will primarily affect ...
That reduction will soon result in sizable layoffs at Intel Foundry, according to The Oregonian. The report is based on an ...