Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

Intel Layoffs 2025: In a fresh round of job cuts, chipmaker Intel is laying off over 5,000 employees in the US, Manufacturing ...

The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.

The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

(Reuters) -A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business ...

According to the WARN filings, job cuts in California’s Santa Clara and Folsom have doubled, impacting 1,935 employees. In ...