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 ...

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 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 ...

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 has restructured its leadership team in support of CEO Lip‑Bu Tan’s aggressive post‑March turnaround plan.

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

Next month’s layoffs will take place at Intel sites around the world but could have an especially big effect in Oregon.

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 ...