News
Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...
The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg report suggested the company would slash more than 20% of the workforce. Intel ...
Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of 2025.
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 ...
Plans to reduce staff spiked in July to a level that was well above the average for the month since the pandemic, with ...
The Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...
Intel CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.
Intel will cut around 21,000 jobs by the end of 2025 and suspend wafer fab construction projects in Europe, as part of a ...
6d
Cryptopolitan on MSNIntel stock plunges after CEO's strategy shiftOn Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
Results that may be inaccessible to you are currently showing.
Hide inaccessible results