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Tom's Hardware on MSNIntel allegedly planning more Oregon layoffs — new report says retreating operation could become a liability to the stateThe Intel Oregon workforce is down to its lowest point in more than a decade, but there may be more cuts on the way.
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News9Live on MSNIntel AI layoffs 2025: CEO says it’s too late to compete with NVIDIA, begins mass job cutsIntel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu Tan admitted the company can no longer compete in high-end AI hardware and ...
Intel’s last big wave of layoffs occurred in 2016, when it trimmed about 12,000 jobs, or 11% of its total. The company has made smaller cuts since then and shuttered several divisions, including ...
Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.
Wall Street is abuzz over news of sweeping Intel (NASDAQ:INTC) job cuts. What do you need to know about the latest Intel layoffs? Well, the tech giant announced this week that it will lay off ...
In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, are part of the company's $10 billion cost ...
Intel's announcement that it would cut 10,500 jobs in coming months did not provide the market a much-needed boost, as Intel's stock price tumbled amidst broader concerns of an interest rate hike.
Intel partners voiced hope and concern about the chipmaker’s hiring of Lip-Bu Tan as its CEO, saying his outside perspective could help revitalize Intel’s business while also raising concerns ...
The PC slowdown is beginning to bite chipmakers. Intel Corporation (NASDAQ: INTC) is reportedly eyeing massive job cuts to tide over the current malaise.
Intel didn't disclose any specific job-cut numbers. Along with Gelsinger's comments, Intel ( INTC ) reported a third-quarter profit of 59 cents a share, excluding one-time items, on revenue of $15.3B.
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