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Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.
Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
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Discover insights from Intel's Q2 2025 earnings call, covering revenue growth, foundry strategy, AI advancements, and cost-cutting measures.
Intel INTC reported first-quarter revenue of $12.7 billion, flattish year over year but toward the high end of guidance, while gross margin exceeded guidance. Second-quarter revenue is expected to ...
Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to ...
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