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The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...
Intel eliminated 15,000 jobs across the company in a round of layoffs last summer, leaving it with about 109,000 employees around the world. It cut about 3,000 Oregon jobs last year through ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Major layoffs for Intel have now come for their Rio Rancho location, where more than 200 people will lose their jobs in the ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...