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Not only is Intel unable to grow right now, it's unable to do so at a time when demand for all things AI is soaring. Peers ...
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 shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
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 ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
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 ...
The layoffs are all at least in the hundreds, and cite difficult economic times as the reason. Wall Street wasn’t impressed with LinkedIn’s parent company or Intel, but the job cuts have saved ...
The layoffs are partly due to incredibly diminished demand for computers (and chips, by extension, Intel’s core product line). In July, Intel revised its sales forecast for 2022 from $79 billion ...
After years of struggles, the chip giant Intel is in the midst of mass layoffs and buyouts. Some longtime Intel employees are eligible for up to 19 months of severance.
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