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A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.
During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.
Intel (INTC) is planning to cut 15% of jobs and plans to end the year with a global headcount of ~75,000 as a part of ...
The layoffs were confirmed in Intel’s official press release for Q2 2025. In it, Intel says that the layoffs will make the ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC ...
Shares of computer processor maker Intel (NASDAQ:INTC) fell 9.6% in the afternoon session after the company reported an ...
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