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Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
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Verdict on MSNIntel plans deep job cuts to streamline operationsThe firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...
Shares of Intel Corporation fell sharply on Friday, down 5.8% in Frankfurt and 4.6% in US after-hours trading, after the ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...
A last-ditch effort on the final day of Oregon's 2025 Legislature to prevent job cuts and service reductions for the Oregon Department of Transportation failed. House Bill 3402 was amended in the ...
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are reported to have hit Intel sites across California, Oregon, Texas and Arizona.
The news of nearly 2,400 Intel job cuts hit like a thunderclap—but within that storm lies a strange truth: Hillsboro has a chance to reinvent itself again. We think it’s time for Hillsboro 3.0, the ...
Nvidia CEO warns artificial intelligence could significantly boost workplace productivity and lead to job loss if industries lack innovation.
The Bank of England is prepared to make larger interest rate cuts if the job market shows signs of slowing down, its governor has said. In an interview with the Times, Andrew Bailey said "I really ...
Recruit Holdings is eliminating about 1,300 jobs at Indeed and Glassdoor through layoffs. The Japan-based parent company announced the layoffs at the two websites Thursday, saying the move will ...
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