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Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...
The chipmaker's new boss, Lip-Bu Tan, said in an email to employees that Intel should once again become an ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...
Shedding employees will provide some relief on costs but analysts are skeptical the company can resolve its major issues.
Intel has struggled to develop AI chips that compete with rival Nvidia and has also been slow to develop smaller and more ...
Ohio's top union leader is disappointed and concerned following Intel's announcement of significant layoffs, which could ...
That means it is currently unknown if Bloomberg’s 20% figure was correct. Fast Company has reached out to Intel for comment on the number of upcoming layoffs. What Tan did confirm is that the ...
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
Intel is in trouble, and in a bid to solve some of its financial woes, a report suggests the company will cut about 20% of ...
That means it is currently unknown if Bloomberg’s 20% figure was correct. What Tan did confirm is that the layoffs would happen in Q2—which is Intel’s current quarter. He also said that the ...