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Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
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Cryptopolitan on MSNIntel stock plunges after CEO's strategy shiftOn Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
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