News

Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
The HR Digest2d
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.
The American Bazaar2d
CEO Lip-Bu Tan’s Intel overhaul: 15% job cuts, factory pauses
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
Intel’s upcoming earnings have this analyst wondering if the numbers actually matter
Investors will be questioning the chip maker’s strategy for the future more than worrying about its second-quarter earnings ...
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...