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Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker.
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a ...
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
Not only is Intel unable to grow right now, it's unable to do so at a time when demand for all things AI is soaring. Peers ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.