News

Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...
Intel says a fifth of its workforce will be gone by year’s end
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel cuts back spending, workforce as struggling chip maker mounts comeback
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Nearshore Americas11y
Intel and BofA Layoffs in Costa Rica and Guadalajara Trigger Debate ...
This week, Bank of America announced 3,000 layoffs across operating sites in Costa Rica; Guadalajara Mexico; and Taguig City, Philippines. Intel Corporation also announced the layoff of the majority ...
Layoff News 2025: Intel to Cut 24,000 Jobs In 2025, Halt Work On Big Factory Projects
The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...
Nearshore Americas11y
Intel May Be About to Lay Off Staff in Costa Rica
Intel is rumored to be laying off more than 1,500 employees in Costa Rica and moving its manufacturing units to Vietnam. Neither Intel nor the Costa Rican government has dispelled the rumor, with the ...
Intel layoffs: Chipmaker cuts 15% of its workforce, scraps multibillion-dollar chip expansion plans
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
Digital Journal11y
Intel lays off of 1,500 employees in Costa Rica - Digital Journal
US microchip giant Intel announced Tuesday it was reducing its assembly and testing operations in Costa Rica and will lay off 1,500 employees.The move was ...