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Intel says it is laying off 15% of workers as chipmaker grapples with manufacturing challenges
Intel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more ...
Intel to lay off 15% more staff by year-end and scale back foundry investments
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Intel cuts back spending, workforce as struggling chip maker mounts comeback
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
EconoTimes4d
Intel Slashes Workforce 22% as New CEO Lip Bu Tan Enforces Cost Discipline
Intel (NASDAQ: INTC) will end 2025 with a workforce over 20% smaller than last year as new CEO Lip Bu Tan pushes aggressive ...
Intel to lay off almost a third of its staff and scale back foundry investments
The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...
WinBuzzer3d
Intel to Spin Off Networking Business in Painful Restructuring
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
The Tico Times10y
Intel’s exit still affecting Costa Rica export figures
The total value of Costa Rica’s exports fell by 17.5 percent during the first two months of this year compared to the same period of 2014, the Foreign Trade Promotion Office (PROCOMER) reported ...
Intel says it’s laying off 15% of workers as it grapples with manufacturing challenges
Chipmaker says it plans to lower its headcount to 75,000 by the end of the year, down from 99,500 at the end of 2024 ...