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Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better than anticipated but came with more ...
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 ...
"I want to acknowledge the uncertainty and seeming incongruence of the times we're in. By every objective measure, Microsoft ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
Intel (INTC) is planning to cut 15% of jobs and plans to end the year with a global headcount of ~75,000 as a part of ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
The US chip maker announces it will no longer pursue projects in Germany and Poland as it seeks to rein in billions in ...
Intel defeats a major shareholder lawsuit, a rare win as new CEO Lip-Bu Tan navigates a historic corporate crisis, massive ...
As top New Mexico lawmakers digest the implications of a federal budget bill signed this month by President Donald Trump, ...