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Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
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 Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
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.
The chipmaker, which recently revealed 2,400 layoffs in Oregon, will need to trim thousands of additional jobs to reach an ...
In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the ...