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Intel Corporation is scaling back its manufacturing operations in Costa Rica as part of a broader global restructuring plan.
Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
Intel plans to withdraw from Germany, Poland, and Costa Rica, reducing its workforce by a third to around 75,000 by the end of 2025.
Intel announced during the presentation of its quarterly figures that it will lay off approximately 24,000 employees this ...
In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the end of the year, down from 99,500 at the end of last year.
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