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Intel’s announcement it’s “slowing construction” came as a surprise to many. NBC4 is digging into what the company means by “slowing ...
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 ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.
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 ...
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ET Now on MSNMicrosoft layoffs CEO memo: Satya Nadella calls over 15k job cuts 'most difficult' decisionMicrosoft has recently laid off more than 15,000 of its employees. The CEO Satya Nadella addressed the employees regarding ...
Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.
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.
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