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

Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.

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.

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 ...

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of 2025.

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

SAN FRANCISCO (Reuters) -Three senior executives in Intel's manufacturing operations are set to retire, Intel told Reuters on ...

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

Intel notified California officials last week that it would lay off a little over 100 workers at its Silicon Valley headquarters and more than 100 others at its site in Folsom. It hasn’t yet ...

The layoffs are partly due to incredibly diminished demand for computers (and chips, by extension, Intel’s core product line). In July, Intel revised its sales forecast for 2022 from $79 billion ...