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Last week, the company agreed to sell a 51% stake in its ... The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had 108,900 employees at ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Once the world’s largest chipmaker, Intel is trying to recover from an extended decline in sales and a $19 billion loss last ...
As an Amazon Associate, we earn from qualifying purchases. TweakTown may also earn commissions from other affiliate partners at no extra cost to you. TL;DR: Intel plans to cut 20% of its global ...
Layoffs have swept through the tech sector during the first few months of 2025 — with more than 50,000 people losing their ...
PCMag editors select and review products independently. If you buy through affiliate links, we may earn commissions, which help support our testing. Intel is preparing to fire over 21,000 ...
Intel did not immediately respond to a Reuters request for comment. The layoffs mark a major step under new CEO Lip-Bu Tan, who took over Intel last month, to revive the faltering American firm after ...
Discover why Intel Corporation's strategic pivot under new leadership, strong domestic advantages, and rich history make it a ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel is “taking actions” that include “streamlining the organization, eliminating ...
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to boost U.S. chip production.
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs. It was reported this week that the company could lay off around 20 ...
“We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger tells The Verge.