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Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
This would be the second mass layoff at the company in less than a year. 15,000 jobs were cut in August as part of ...
Intel is reportedly preparing another round of layoffs, with 21,000 of its global workforce to be out of work, representing ...
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
Chip-maker Intel plans to cut over 20% of its workforce to reduce bureaucracy and rebuild its engineering culture under new ...
The company is expected to let go more than 20% of its workforce, which stood at 108,900 employees last December. That means ...
Many large employers have begun enforcing return-to-office policies over the past two years. Nike began requiring employees ...
Today is Intel’s Q1 2025 earnings call, and the first we’re truly hearing from new Intel CEO Lip-Bu Tan, who took over the ...
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...
Layoffs would be the first major restructuring under new CEO Tan Lip-Bu, who took the helm in March. Read more at ...
Intel will cut an unspecified ... Tan did not specify the number of layoffs the company is planning, despite a report from Bloomberg earlier this week that the chipmaker plans to cut 20% of ...