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Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around 24,000 people this year — shrinking Intel by roughly one-quarter. (It has ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN notices that Intel filed with the state Employment Development Department.
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Just days after calling for the resignation of Intel chief, Lip-Bu Tan, over his ties to China, Mr. Trump changed his tune.
Intel layoffs have left multiple Linux drivers without maintainers, raising concerns about future compatibility and ...
In the latest sign of ongoing struggles Intel, one of the semiconductor giant’s spinoff companies has announced dozens of Bay ...
Intel said Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024. The Santa Clara, Calif.-based chipmaker disclosed the layoff goals as it ...
In a memo to employees Thursday, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 “core” workers excluding subsidiaries, through layoffs and attrition.
Intel layoffs Jul 25, 2025 US stocks coast toward the finish of a record-setting week NEW YORK (AP) — U.S. stocks are ticking toward more records on Friday and coasting toward the close of another ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...