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News

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 · 2d
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.
2don MSN
Intel's foundry future depends on securing a customer for next-gen chipmaking tech
Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land ...
2don 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.

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