News

Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture
Lip-Bu Tan’s message to employees cuts to the heart of his critique of the chipmaker’s culture, which he said used the wrong ...
Did Intel just announce layoffs without announcing layoffs?
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Albuquerque Journal2d
Intel to undergo new round of layoffs but fate of New Mexico jobs unclear
The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...
Intel is reportedly planning to lay off 20 percent of its workforce, feeding recession fears
According to a new story from Bloomberg, Intel is set to announce a massive 20 percent reduction in its workforce. This would ...
Intel to lay off more than 20% of workforce, Bloomberg News reports
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...
This is the strange reason behind the mass layoff of 21,000 employees at Intel
A report from Bloomberg indicates that further layoffs at Intel may be on the horizon, as the White House considers imposing ...
Intel turns to layoffs as it looks to slash expenses
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...
Intel CEO Lip-Bu Tan announces layoffs: Read the full letter he sent to employees
Intel CEO Lip-Bu Tan announced a restructuring plan involving layoffs and management changes to regain competitiveness. The ...