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Intel CEO Lip-Bu Tan plans to cut 20% of the company's workforce, according to a report by Bloomberg Tuesday.
Intel had previously said it would slash 15% of its workforce as it pursues the turnaround strategy of previous CEO Pat ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Intel, who joins the elite ranks of AMD and Apple as a chip designer tapping the Taiwanese fab goliath's production lines for ...
Update: Adds company response Intel (NASDAQ:INTC) is reportedly looking to cut more than 20% of its staff in a bid to ...
Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy, as per ...
With its legacy on the line, the chip giant’s drastic restructuring reveals a company fighting to redefine its place in an AI ...
Intel Corporation is preparing to cut over 20% of its workforce in a major restructuring plan, according to a report by ...
As of the end of 2024, Intel had 108,900 employees, already down sharply from 124,800 a year earlier. The layoffs would be the first major restructuring under new Chief Executive Officer Lip-Bu Tan, ...
Chipmaker, Intel Corp. is set to cut more than 20% of its staff this week, representing over 21,000 employees this ...
Intel will outline plans to cut more than 20 per cent of its staff, as new CEO Lip-Bu Tan wastes little time in conducting a ...
20 percent global workforce layoff comes amidst efforts to streamline operations, reduce bureaucratic inefficiencies ...