Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...

Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...

Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...

Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...

Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...

This admission, made public in a regulatory filing, marks a notable shift for the chipmaker, which has traditionally set the ...

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...