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The chipmaker's new boss, Lip-Bu Tan, said in an email to employees that Intel should once again become an ...
Intel CEO Lip-Bu Tan plans to cut 20% of the company’s workforce, according to a report by Bloomberg Tuesday.
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...
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MarketBeat on MSNSeismic Shift at Intel: Massive Layoffs Precede Crucial EarningsIntel Corporation (NASDAQ: INTC) is undertaking one of the most significant operational overhauls in its storied history, ...
The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Here’s what you need to know about those layoffs and the latest movement in Intel’s stock price. The most devastating news to come out of Intel yesterday was that earlier reports were correct ...
Intel is reportedly preparing another round of layoffs, with 21,000 of its global workforce to be out of work, representing ...
Intel's chip plant in Ohio faces a new delay, now expected to open in 2031, amid reports of workforce layoffs.
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