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TechNewsWorld7d
Intel’s Bold Gamble: Layoffs, AI, and the Road to Recovery
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Cryptopolitan on MSN3d
Intel stock plunges after CEO's strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
The Layoffs Keep Coming as the Remaking of Intel Rolls On
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Intel abandons chip plants in Germany and Poland, confirms more layoffs
This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...
The HR Digest4d
Intel layoffs in 2025: A cultural overhaul or a risky reset?
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel plans to slash 25,000 jobs in 2025 as new CEO warns, ‘There are no more blank checks’
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel says a fifth of its workforce will be gone by year’s end
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...