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Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...
The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Discover insights from Intel's Q2 2025 earnings call, covering revenue growth, foundry strategy, AI advancements, and cost-cutting measures.
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...