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Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Intel is undergoing significant layoffs, confirming plans to reduce its workforce by over 24,000 jobs by the end of 2025 as ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
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India Today on MSNIntel layoffs: 25,000 roles at risk as company braces for big reset, says report
In a letter to employees, Intel’s new CEO Lip-Bu Tan acknowledged the difficult period the company is going through.
SAN FRANCISCO (Reuters) -Three senior executives in Intel's manufacturing operations are set to retire, Intel told Reuters on ...
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
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