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Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
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 influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
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.
Intel will cut over 400 Bay Area jobs in the latest round of layoffs at the tech giant. The chipmaker will cut 410 jobs in Santa Clara where it is headquartered, according to a notice filed with the ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.