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July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
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.
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
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 ...
The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...