News
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.
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
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 Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
We recently published These 10 Stocks Have Collapsed. Intel Corporation (NASDAQ:INTC) is one of the worst-performing stocks on Friday. Intel Corp. dropped its share prices by 8.53 percent on Friday to ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.
The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback