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Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
This would be the second mass layoff at the company in less than a year. 15,000 jobs were cut in August as part of ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Intel is reportedly preparing another round of layoffs, with 21,000 of its global workforce to be out of work, representing ...
Intel CEO Lip-Bu Tan announced a restructuring plan involving layoffs and management changes to regain competitiveness. The ...
Chip-maker Intel plans to cut over 20% of its workforce to reduce bureaucracy and rebuild its engineering culture under new ...
The company is expected to let go more than 20% of its workforce, which stood at 108,900 employees last December. That means ...
Intel, the chip manufacturer, is cutting costs in many sectors, including its workforce, to bolster investment in technology.
Many large employers have begun enforcing return-to-office policies over the past two years. Nike began requiring employees ...
Today is Intel’s Q1 2025 earnings call, and the first we’re truly hearing from new Intel CEO Lip-Bu Tan, who took over the ...
Layoffs would be the first major restructuring under new CEO Tan Lip-Bu, who took the helm in March. Read more at ...
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...