News

Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
Intel is preparing to fire over 21,000 employees this week, Bloomberg reports, citing a person familiar with the development. Details about the layoff are scarce, but the source tells Bloomberg that ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...
The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...
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The company is expected to let go more than 20% of its workforce, which stood at 108,900 employees last December. That means ...
The chipmaker's new boss, Lip-Bu Tan, said in an email to employees that Intel should once again become an ...
Intel’s newly appointed CEO Lip-Bu Tan—who came on in March 2025, replacing Pat Gelsinger after he stepped down in December ...
Ohio's top union leader is disappointed and concerned following Intel's announcement of significant layoffs, which could ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported on Tuesday, citing a ...