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‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel abandons chip plants in Germany and Poland, confirms more layoffs
This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...
Intel is laying off 24,000 employees and retreating from some countries
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...
TechNewsWorld8d
Intel’s Bold Gamble: Layoffs, AI, and the Road to Recovery
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Intel says a fifth of its workforce will be gone by year’s end
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel confirms more than 5000 layoffs: How tech sector is shifting toward leaner, more strategic workforce models
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
The Financial Express1d
Tech Layoffs 2025: TCS, Microsoft, Intel and others cut thousands of jobs amid AI shift
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Tech Layoffs 2025: What’s Fuelling Job Cuts At TCS, Intel, And Microsoft?
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
Big layoffs at Intel are actually a good sign for Arizona | Opinion
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
The Layoffs Keep Coming as the Remaking of Intel Rolls On
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Cryptopolitan on MSN3d
Intel stock plunges after CEO's strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel Slashes 24,000 Jobs and Kills Offside Projects in Massive Shake-Up
Intel has released its second-quarter earnings report and its plan to lay off about 24,000, or a third of its current ...