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 said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

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 ...

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

The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

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 ...

After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.

Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.

This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.