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Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
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 American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
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.
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...
The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...
Intel was originally supposed to start production on the plants this year. The facilities are expected to bring 3,000 jobs to ...
Intel stock drops nearly 9% after Q2 earnings miss and major layoffs. Here’s what investors need to know as summer leads to ...
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