The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

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

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

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

Intel is undergoing significant layoffs, confirming plans to reduce its workforce by over 24,000 jobs by the end of 2025 as ...

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

Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...

In a letter to employees, Intel’s new CEO Lip-Bu Tan acknowledged the difficult period the company is going through.

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the ...

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...