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This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
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 is undergoing significant layoffs, confirming plans to reduce its workforce by over 24,000 jobs by the end of 2025 as ...
Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
In a letter to employees, Intel’s new CEO Lip-Bu Tan acknowledged the difficult period the company is going through.
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 ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...