News

Intel says a fifth of its workforce will be gone by year’s end
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel gets a boost from AI-enabled PCs as its foundries flounder
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Intel sees 15% workforce reduction as CEO Tan plans revival
Intel (INTC) is planning to cut 15% of jobs and plans to end the year with a global headcount of ~75,000 as a part of ...
Intel announces it will lay off about 15% of its total workforce by year’s end
During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.
Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
KTAR2d
Intel CEO unveils drastic workforce reductions by year-end amid turnaround plan
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.
Layoffs 2025: TCS Vs Microsoft Vs Intel Vs Amazon; Who Is Making The Biggest Job Cut This Year?
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Intel Workforce Reduction Grows to 25,000 Amid Turnaround Efforts
Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC ...
Intel (INTC) Stock Trades Down, Here Is Why
Shares of computer processor maker Intel (NASDAQ:INTC) fell 9.6% in the afternoon session after the company reported an ...