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Intel Confirms Mass Layoffs

Newsweek on MSN · 1d

Intel Announces Mass Job Cuts, Sounds Alarm for Ohio

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to employees.

Reuters on MSN · 1d

Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue "no more blank checks.

PCMag on MSN · 1d

Intel Confirms Mass Layoffs, Over 24,000 Jobs To Be Cut This Year

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

1don MSN

Intel slumps as potential foundry exit deepens investor gloom

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

1don MSN

Intel continues to pull back on its manufacturing projects

Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.

1don MSN

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 Warns It May Exit Chip Manufacturing Without Key Foundry Customers

Intel (NASDAQ: INTC) has signaled it may exit the advanced chip manufacturing business if it fails to secure major external ...

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