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- The company will halt planned factories in Poland and Germany . . .
The company will halt planned factories in Poland and Germany, and consolidate chip packaging operations in Vietnam and Malaysia
- Intel cancelled planned fab projects in Germany and Poland . . .
Intel cancelled planned fab projects in Germany and Poland, and will consolidate its testing and assembly operations in Vietnam and Malaysia — Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip-Bu Tan announced significant cuts in chip factory construction
- Intel plans to layoff 24,000 employees in 2025 — it will also . . .
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects in Germany, Poland, the United States, and more
- Intel (INTC) earnings report Q2 2025 - CNBC
Tan said that Intel had cancelled planned fab projects in Germany and Poland, and will consolidate its testing and assembly operations in Vietnam and Malaysia
- Intel Says Will No Longer Move Forward With Planned Projects . . .
Intel Says Will No Longer Move Forward With Planned Projects In Germany And Poland; Intends To Consolidate Assembly And Test Operations In Costa Rica Into Larger Sites In Vietnam And Malaysia; CEO Says 'On Track To Implement Our Return-To-Office Policy In September'; 'Will Focus Our AI Efforts On Developing A Cohesive Silicon, System And
- Intel cuts back spending, workforce as struggling chip maker . . .
In addition, Intel will scrap previously planned projects in Germany and Poland and also move assembly and test operations in Costa Rica to larger sites in Vietnam and Malaysia
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