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

The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...

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

Intel is undergoing significant layoffs, confirming plans to reduce its workforce by over 24,000 jobs by the end of 2025 as ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its ...

Intel will slash around 24,000 employees this year – roughly a quarter of its workforce – while scrapping major expansion ...

In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...