This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...

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

Following this exit, Sachin Katti will assume some of Yeboah-Amankwah's strategic duties, and Intel Capital will report directly to Tan. Intel is also preparing for layoffs starting July 15 as ...

Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...

Intel's CEO and its executive leadership team are taking pay cuts of up to 25%, as the company attempts to navigate a shaky economy and avoid further layoffs, Reuters reported.

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 ...

Intel’s Q1 2025 earnings, due today, are expected to show a year-over-year decline in earnings and revenue, according to Yahoo Finance. Analysts predict a challenging quarter, with sales ...

Intel Layoffs 2025: Intel is making headlines with a significant restructuring decision, reportedly laying off 20% of its workforce this week. According to Bloomberg, these layoffs are part of the ...

Layoffs.fyi, the website with the unfortunate role of tracking tech layoffs globally currently stands at 192,000 jobs lost in the sector across 661 companies for this year alone. Given it’s only ...

Intel told Reuters that it would cut 15% of its workforce to revamp a strategy of former CEO Pat Gelsinger, who had a goal to restore Intel's lead in manufacturing chips. What we don't know: ...

Intel is coming off of two consecutive quarters of large losses, including a 36% year-over-year drop in revenue in the first quarter. Intel Corp. (Nasdaq: INTC) plans a new round of layoffs as it ...

Intel's first-quarter 2025 earnings report, due after the market closes on Apr. 24th, is highly significant when contextualized with ongoing restructuring and strategic changes.