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US semiconductor titan Intel revealed on Thursday that it is approaching the completion of its plan to reduce its workforce ...
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 ...
Even after missing out on the smartphone revolution, the automotive sector, and the age of artificial intelligence, Intel ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel (NASDAQ:INTC) is planning to cut 15% jobs and plans to end the year with a global headcount of ~75,000 as a part of ...
Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.
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 end of 2025.
Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...
Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.