News

Intel isn't stopping there. By the end of this year, it hopes to have only 75,000 core employees. According to The Verge, the ...
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] ...
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 fortunes of the ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with 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.
Sandoval County's manager "isn't surprised" about Intel layoffs in Rio Rancho as the company is laying off at least 15,000 ...
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 CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.
Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around ...