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

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...

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

Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...

Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...

The rise of Artificial Intelligence (AI) and Large Language Models (LLMs) has revolutionized the digital world, but it has ...

Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...

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

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...

In a letter to employees, Intel’s new CEO Lip-Bu Tan acknowledged the difficult period the company is going through.