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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 ...
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,ā says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
In a memo to employees on Thursday, Tan said Intel will reduce its ācoreā workforce excluding subsidiaries to 75,000 by the end of the year, down from 99,500 at the end of last year.
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 ...
Intel has reported its second-quarter financial results for 2025, revealing a period of dramatic internal change, flat ...
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
Training camps have kicked off around the NFL, and our team reporters are on the ground each day following all the action. The Kansas City Chiefs' camp is taking place in St. Joseph, Missouri and ...
Intel defeats a major shareholder lawsuit, a rare win as new CEO Lip-Bu Tan navigates a historic corporate crisis, massive ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...
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