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Intel, Cancel Expansions

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.

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· 18h · on MSN

Intel Announces Mass Job Cuts, Sounds Alarm for Ohio

Analytics Insight · 1h

Intel to Cut 24,000 Jobs, Scrap Global Expansion in Cost Overhaul

Intel, Deep Job Cuts

Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%—more than 25,000 jobs—aiming to end the year with about 75,000 employees worldwide. The cuts are part of the struggling chipmaker’s efforts to turn things around and compete in the booming AI market.

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· 1d · on MSN

Intel cuts 15% of its staff as it pushes to make a comeback

ExtremeTech on MSN · 14h

Intel Plans Deep Job Cuts, Could Drop Chip Manufacturing

14hon MSN

Intel stock falls after company details job, spending cuts

Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...

19h

Paramount-Skydance merger, Intel job cuts & Amazon scam warning | Business News

The FCC approves the Paramount-Skydancer merger. Intel announces more job cuts amid steep revenue losses. Amazon warns Prime ...

20hon MSN

Stock Market Today: Morning Movers; Vanguard Warns On U.S. Growth; Intel Job Cuts

Yesterday, in a rerunning of its markets-model forecast, it eased up on some of its U.S. optimism, pointing to stretched ...

1don MSN

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 ...

17hon MSN

Intel slumps as potential foundry exit deepens investor gloom

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

1d

Intel Expects Work Force to Shrink by 25,000

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...

InvestorsHub on MSN1d

Intel shares fall sharply after announcing job cuts and posting unexpected Q2 earnings

Intel (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue ...

1don MSN

Intel to slash workforce by year-end as it forecasts steeper losses than expected

Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024 ...

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