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Intel (INTC) has been ramping up its efforts to pick up the pieces after facing low sales and revenue for several financial quarters. The chipmaker has struggled to keep up with competitors, such as ...
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
The Oregon layoffs are likely part of a broader belt-tightening at the tech giant. In mid-June, the company said it was ...
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...
The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg ...
Intel is set to escalate its layoffs, with a projected total of approximately 4000 job cuts by July, as part of a cost-cutting initiative led by new CEO Lip-Bu Tan.
Intel is set to significantly increase its layoffs, with plans to cut approximately 2,400 jobs in Oregon, bringing the total ...
Intel’s CEO reportedly said the company is not in the top 10 semiconductor companies, fearing it is too far behind to catch up with industry leaders. According ...
Intel has initiated job cuts at its Fab 28 wafer fabrication plant in Kiryat Gat, Israel, marking the first time the facility ...
Tech layoffs 2025: Intel to cut about 2,500 more jobs, around 4,000 employees to be fired this month
After laying off 500 employees just last week, Intel is reportedly preparing to cut 2,500 more jobs from its Oregon office. In the next few weeks, the company is expected to fire around 4,000 of its ...
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