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In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...
Intel has announced plans to spin off its Network and Edge Group (NEX) into an independent company, as part of a broader restructuring initiative under CEO Lip-Bu Tan. In a memo sent to customers, ...
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
Intel is preparing to lay off nearly a quarter of its workforce, around 24,000 employees, by the end of 2025. It is one of the most significant restructurings i ...
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Cryptopolitan on MSNIntel could leave the chip manufacturing business unless it adds a next-gen tech partnerIntel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.
In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the end of the year, down from 99,500 at the end of last year.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.
Intel earnings, regional market momentum, and overlooked Middle East stocks lead this week’s list of stocks to watch.
Intel has reported its second-quarter financial results for 2025, revealing a period of dramatic internal change, flat ...
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