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The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
Intel reports earnings on Thursday and top-line revenue results might not be much of an indicator of the confused long-term state of the American icon. | At earnings, it isn’t clear if CEO Lip Bu Tan ...
Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
Intel is preparing to lay off around 5,500 employees across the United States as part of a sweeping cost-cutting exercise under new CEO Lip-Bu Tan. This new round of job cuts, which spans engineers, ...
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
Intel is set to lay off over 5,000 employees across four US states as part of a major restructuring plan. The layoffs follow the company's first annual loss in nearly 40 years.
Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...
Intel Layoffs 2025: In a fresh round of job cuts, chipmaker Intel is laying off over 5,000 employees in the US, Manufacturing ...