News

Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel Q2 results show year-over-year foundry gains; restructuring charges hit EPS

Intel (NASDAQ:INTC) released its second quarter 2025 financial results after the market closed on Thursday, July 24, with mixed results as the company continues to reshape its strategy under the ...
Shacknews3d

Intel (INTC) Q2 2025 earnings results beat revenue expectations

The company has sold off various sectors of its business and is restructuring its stuff, which left this quarter its Q2 2025 in a questionable state.
The Tech Portal2d

Intel to cut 15% of workforce and cancel factory projects amid $2.9Bn Q2’25 loss

Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several ...

Intel Q2 Earnings Fall Short of Estimates, Revenues Remain Flat Y/Y

Intel Corporation INTC reported mixed second-quarter 2025 results, with revenues beating the Zacks Consensus Estimate but the ...
TweakTown3d

Intel to slice and dice a huge 30% of its global workforce: over 15,000 jobs to be slashed

Intel is continuing to (aggressively) cut its workforce, with plans to cull 30% of its global workforce down from 90,000 to ...
FingerLakes1.com2d

Intel layoffs coming: Q2 earnings miss, stock continues fall

Intel stock drops nearly 9% after Q2 earnings miss and major layoffs. Here’s what investors need to know as summer leads to ...

Intel Q2: Fragile Foundry Ambitions Collide With A Strategic About-Face

Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...