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 has started implementing significant layoffs across multiple facilities as part of a broader effort to streamline its ...

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

Intel reported $12.9 billion in revenue for its second quarter, which was $1.1 billion above initial projections, according ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

Sandoval County's manager "isn't surprised" about Intel layoffs in Rio Rancho as the company is laying off at least 15,000 ...

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 Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.

Intel put a number to its ongoing layoffs for the first time Thursday, indicating that it’s in the process of eliminating 25,000 jobs across the company. It’s also dramatically scaling back its ...

Intel CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.