Intel plans significant job cuts in its foundry division starting July. This move could affect over 10,000 employees globally ...

New CEO Lip-Bu Tan still hasn't outlined a strategic plan for reviving Intel, but he's putting his stamp on the executive ...

An internal memo reveals that Intel planned to begin layoffs in mid-July, with the process expected to be completed by the ...

ICE arrests and big tech layoffs were just two of the topics discussed at Congresswoman Suzanne Bonamici’s town hall in ...

The company said the layoffs will be driven by investment priorities, skills assessments and performance, and ruled out ...

Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.

Intel is set to lay off over 10,000 employees, impacting 15% to 20% of its Foundry workforce. This move, part of a larger restructuring strategy initiated by new CEO Lip-Bu Tan, aims to address ...

Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This ...

Intel is preparing to cut between 15 and 20 percent of its workforce in the chip manufacturing segment, starting in July 2025.The company informed employees through internal communications that these ...

The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.

Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products.

Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but ...