News

Intel to cut work force by year-end as it forecasts steeper losses than expected

Chipmaker says it plans to lower its headcount to 75,000 by the end of the year, down from 99,500 at the end of 2024 ...

Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
The HR Digest3d

Intel layoffs in 2025: A cultural overhaul or a risky reset?

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

Intel cuts hundreds more Bay Area jobs as tech layoffs worsen

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps

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 ...

Intel to Cut 25,000 Jobs as Workforce Shrinks Amid Cost-Cutting and Restructuring

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

Intel’s upcoming earnings have this analyst wondering if the numbers actually matter

Investors will be questioning the chip maker’s strategy for the future more than worrying about its second-quarter earnings ...

Intel slumps as potential foundry exit deepens investor gloom

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Verdict on MSN3d

Intel plans deep job cuts to streamline operations

The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...

Intel Cuts Thousands of Jobs. It Faces These Big Questions.

The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg report suggested the company would slash more than 20% of the workforce. Intel ...