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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 Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue "no more blank checks.
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Tech layoffs: TCS, Microsoft, Intel among 5 slashing thousands of jobs in apparent AI restructure
Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Intel eliminated 15,000 jobs across the company in a round of layoffs last summer, leaving it with about 109,000 employees around the world. It cut about 3,000 Oregon jobs last year through ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel has announced another major round of layoffs. The company now expects to end 2025 with approximately 75,000 core ...
Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a ...
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
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