Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...

Shares of Intel Corporation fell sharply on Friday, down 5.8% in Frankfurt and 4.6% in US after-hours trading, after the ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

[SAN FRANCISCO] Intel, the chipmaker attempting a comeback under new chief executive officer Tan Lip-Bu, gave a weak forecast for the current period and said it’s cutting workers to bring costs in ...

Intel Corp. is slashing hundreds of jobs in Silicon Valley this month, adding to layoffs late last year that were part of previously announced cost-cutting.

Intel is laying off thousands of workers as it looks to stabilize its finances. However, the cuts raise questions about the chip maker’s strategy under new CEO Lip-Bu Tan.

Intel expands layoffs at Folsom campus, cutting 174 more jobs. The chip giant revises workforce reductions across locations amid restructuring efforts.

Recruit Holdings is eliminating about 1,300 jobs at Indeed and Glassdoor through layoffs. The Japan-based parent company announced the layoffs at the two websites Thursday, saying the move will ...

About 1,300 people will lose their jobs in layoffs at Indeed and Glassdoor.