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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 hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
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 ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...
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 ...
It cut about 3,000 Oregon jobs last year through layoffs, buyouts and early retirement offers. Intel remains the state’s largest corporate employer, with about 20,000 workers at its Washington ...
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