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

In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the ...

Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.

Intel has said that it has completed the majority of the layoffs it announced earlier this year which will reduce its global ...

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...

In a letter to employees, Intel’s new CEO Lip-Bu Tan acknowledged the difficult period the company is going through.

Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...

Intel is continuing to (aggressively) cut its workforce, with plans to cull 30% of its global workforce down from 90,000 to ...

This admission, made public in a regulatory filing, marks a notable shift for the chipmaker, which has traditionally set the ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...