- Intel plans to shed thousands of workers - Los Angeles Times
Intel Corp is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes
- Intel reveals it will shed 24,000 employees this year and . . .
Intel says it will retreat from planned projects in Germany and Poland, end its assembly and test operations in Costa Rica, and finish 2025 with just around 75,000 “core employees” in total
- Intel plans to slash 25,000 jobs in 2025 as new CEO warns . . .
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 earnings and layoff announcement, threatening to erase most yearly gains
- Intel’s Steady Decline Continues With 15% Cut to Staff and . . .
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%—more than 25,000 jobs—aiming to end the year with about 75,000
- Intel Layoffs: Chipmaker To Cut Over 24,000 Jobs This Year As . . .
CEO Lip-Bu Tan says Intel plans to end the year with 75,000 "core" workers, excluding subsidiaries, via layoffs and attrition, down from 99,500 core staff at the end of last year
- Intel Announces Mass Job Cuts, Sounds Alarm for Ohio
What Happens Next? Looking ahead, Intel expects third-quarter revenue to be between $12 6 and $13 6 billion, broadly in line with the $13 3 billion reported for the same period last year
- Intel cuts back spending, workforce as struggling chip maker . . .
Intel Corp is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind
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