Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

The layoffs, which were one of new CEO Lip-Bu Tan's first big moves since he took over in March, are meant to make things run ...

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

The Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

The layoffs were confirmed in Intel’s official press release for Q2 2025. In it, Intel says that the layoffs will make the ...

The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...

July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...

Intel Corp. will eliminate 227 positions at its Rio Rancho facility by September, according to a newly issued Worker ...

The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...