Intel CEO's Strategic Changes

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Intel Confirms Mass Layoffs

‘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 control, and execution.

PCMag on MSN · 4d

Intel Confirms Mass Layoffs, Over 24,000 Jobs To Be Cut This Year

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

The Verge on MSN · 4d

Intel is laying off 24,000 employees and retreating from some countries

Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around 24,000 people this year — shrinking Intel by roughly one-quarter. (It has also divested other businesses,

4don MSN

Intel Stock Tumbles After CEO Says ‘No More Blank Checks’ for Chip Foundry

Acree kept a Hold rating on Intel stock with no price target.

Hosted on MSN2mon

Intel’s new CEO ‘isn’t thinking about massive changes’

New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday.

Hoodline3d

Intel Decelerates Ohio Project Construction, CEO Cites Alignment With Market Demand Amid Financial Adjustments

Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.

Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Total Telecom4h

Intel to spin off networking unit in latest streamlining effort

The decision to spin off the networking unit should come as little surprise. Intel’s new CEO Lip-Bu Tan, who took over the ...

CRN3d

Exclusive: Intel Reveals Plan To Spin Off Networking Business In Memo

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

12don MSN

Intel confirms more than 5000 layoffs: How tech sector is shifting toward leaner, more strategic workforce models

Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...

GlobalData on MSN4d

Intel plans major job reductions 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 ...

The Express Tribune18d

Intel CEO admits it's 'too late' to be competitive with AI rivals

Intel CEO Lip-Bu Tan reveals the company's struggles in the semiconductor market, admitting it’s too late to compete with AI ...

buckeyeswire.usatoday22d

Intel's new CEO considers big chipmaking shift, Reuters reports

Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two ...

What does Intel mean by ‘slowing construction’?

Intel told our partners at Columbus Business First that ‘slowing construction’ really does mean slowing and says they have ...

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