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The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
Intel's latest jarring workforce reduction goes far beyond previous cuts, signaling a permanent shift in the semiconductor ...
Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.
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 ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
The layoffs were confirmed in Intel’s official press release for Q2 2025. In it, Intel says that the layoffs will make the ...
During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the ...
Intel put a number to its ongoing layoffs for the first time Thursday, indicating that it’s in the process of eliminating 25,000 jobs across the company. It’s also dramatically scaling back its ...
Intel said Thursday that it “plans to end the year with a core workforce of about 75,000 employees” due to layoffs and ...