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The layoffs, which were one of new CEO Lip-Bu Tan's first big moves since he took over in March, are meant to make things run ...
The Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...
The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...