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Intel will say goodbye to 33,000 employees this year and retreat in Germany, Poland, and Costa Rica
Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...
Intel Corporation is scaling back its manufacturing operations in Costa Rica as part of a broader global restructuring plan.
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...
Not only is Intel unable to grow right now, it's unable to do so at a time when demand for all things AI is soaring. Peers ...
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...
This admission, made public in a regulatory filing, marks a notable shift for the chipmaker, which has traditionally set the ...
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