The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...

Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

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

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...

Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...

Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...

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

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

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

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.