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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 hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
Intel was originally supposed to start production on the plants this year. The facilities are expected to bring 3,000 jobs to ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
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.
We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of manufacturing projects. In the midst of an ongoing turnaround effort, Intel ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler ...