This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

Intel is undergoing significant layoffs, confirming plans to reduce its workforce by over 24,000 jobs by the end of 2025 as ...

July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...

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 has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...

Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...

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 ...

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...

In a letter to employees, Intel’s new CEO Lip-Bu Tan acknowledged the difficult period the company is going through.

Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...

Intel stock drops nearly 9% after Q2 earnings miss and major layoffs. Here’s what investors need to know as summer leads to ...