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

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

Intel was originally supposed to start production on the plants this year. The facilities are expected to bring 3,000 jobs to ...

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 said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

Intel notified California officials last week that it would lay off a little over 100 workers at its Silicon Valley headquarters and more than 100 others at its site in Folsom. It hasn’t yet ...

The layoffs are partly due to incredibly diminished demand for computers (and chips, by extension, Intel’s core product line). In July, Intel revised its sales forecast for 2022 from $79 billion ...