The chipmaker’s new boss, Lip-Bu Tan, told employees that Intel needs to remove “organizational complexity” and become more engineer focused. Yesterday was an eventful day for shareholders and ...

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...

Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel is “taking actions” that include “streamlining the organization, eliminating ...

In March, when Intel appointed new CEO Lip-Bu Tan, he wrote that he intended to "remake" the struggling Bay Area tech giant. On Thursday, that effort became more tangible for workers - Tan is amping ...

Intel Corp. could lay off 20% of its workforce, according to unconfirmed reports. The company, with a Chandler campus, is a major Arizona employer.

The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...

Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...

FILE-A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. (Photo by Justin Sullivan/Getty Images) A substantial lay off of employees is set to occur at Intel.

Intel is set to undergo a major restructuring under new CEO Lip-Bu Tan, who aims to cut $1.5 billion in costs over two years.

The company is expected to let go more than 20% of its workforce, which stood at 108,900 employees last December. That means ...

More than 15 companies laid off 23,468 employees in April, more than doubling the 8,834 job cuts reported in March.

While specific layoff numbers haven't been released, reports suggest they could exceed 20% of Intel's global workforce. Intel Corp. plans employment reductions and a tighter return-to-work policy ...