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The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of manufacturing projects. In the midst of an ongoing turnaround effort, Intel ...
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...