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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.
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Over the past few months, Intel (INTC) has doubled down on fixing a grim reality surrounding its business. The company has fallen behind its competitors, such as Nvidia, IBM, and Samsung, due to its ...
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker’s ...
Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...
Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...
It cut about 3,000 Oregon jobs last year through layoffs, buyouts and early retirement offers. Intel remains the state’s largest corporate employer, with about 20,000 workers at its Washington ...