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Intel’s recent layoffs take an unexpected turn
Also, another recent WARN notice shows that Intel has increased its planned layoffs in Arizona from 170 to almost 700. This new round of layoffs means Intel has cut over 20,000 jobs, a year after it ...
Intel job losses mount as 4,000 layoffs are reported across multiple sites in California, Oregon, Texas and Arizona
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Intel Expands Layoffs to 5,000 Employees Amid Restructuring Push Under New CEO
Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
Hyundai’s Supernal startup laying off 53 in California as it pivots flying taxis to production
The startup is cutting 27 workers at its Fremont facility, 25 in Orange County and Mojave as it shifts to production.
NewsBytes1d
Intel to lay off 5,000 employees as chip demand declines
Intel plans to lay off approximately 5,000 employees, primarily in California and Oregon, as part of a broader cost-cutting initiative.
Intel to layoff more than 5,500 employees in US
Intel plans to lay off over 5,500 employees across the US, with teams in California and Oregon set to see the most job cuts. This decision comes as Intel lags in the CPU and AI GPU markets, and ...
Network World2d
Intel CEO: We are not in the top 10 semiconductor companies
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...