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Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
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Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
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