Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC ...

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

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

Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel (INTC) is planning to cut 15% of jobs and plans to end the year with a global headcount of ~75,000 as a part of ...

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

During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.

Intel has been hunting for cost reductions for well over a year. The company's worldwide workforce fell by 5% to about 125,000 in 2023, although its payroll locally rose by 1,000.