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Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Tech Layoffs 2025: What’s Fuelling Job Cuts At TCS, Intel, And Microsoft?
After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.
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Intel shares fall sharply after announcing job cuts and posting unexpected Q2 earnings
Intel (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue results that exceeded analyst forecasts. However, the semiconductor giant ...
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel’s upcoming earnings have this analyst wondering if the numbers actually matter
Investors will be questioning the chip maker’s strategy for the future more than worrying about its second-quarter earnings ...
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Intel Lays Off 24000 and Shuts Down Major Projects in Bold Restructuring
Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...
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CEO Lip-Bu Tan’s Intel overhaul: 15% job cuts, factory pauses
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...