Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

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

The layoffs, which were one of new CEO Lip-Bu Tan's first big moves since he took over in March, are meant to make things run ...

Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...

More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...

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

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...

Intel will cut over 400 Bay Area jobs in the latest round of layoffs at the tech giant. The chipmaker will cut 410 jobs in Santa Clara where it is headquartered, according to a notice filed with the ...

Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...

It cut about 3,000 Oregon jobs last year through layoffs, buyouts and early retirement offers. Intel remains the state’s largest corporate employer, with about 20,000 workers at its Washington ...