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Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better ...
Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.