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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.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel’s announcement it’s “slowing construction” came as a surprise to many. NBC4 is digging into what the company means by ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects in Germany, Poland, the United States, and more.
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its ...
The current convergence of widespread tech layoffs, rising AI adoption, dissolving government contracts, and a swelling tide of entrepreneurial activity is altering what leadership looks like in the ...
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