Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

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

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

We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of manufacturing projects. In the midst of an ongoing turnaround effort, Intel ...

The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

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

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

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.

July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...

The layoffs are partly due to incredibly diminished demand for computers (and chips, by extension, Intel’s core product line). In July, Intel revised its sales forecast for 2022 from $79 billion ...