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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 CEO Lip-Bu Tan announced a restructuring plan involving layoffs and management changes to regain competitiveness. The ...
Intel is reportedly preparing another round of layoffs, with 21,000 of its global workforce to be out of work, representing ...
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...
Layoffs would be the first major restructuring under new CEO Tan Lip-Bu, who took the helm in March. Read more at ...
The company is expected to let go more than 20% of its workforce, which stood at 108,900 employees last December. That means ...
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
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 ...
Intel’s newly appointed CEO Lip-Bu Tan—who came on in March 2025, replacing Pat Gelsinger after he stepped down in December ...
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