The systems integrator CEO believes this is a possibility even after Intel cut 15,000 jobs across ... Partners said they are curious about what Tan will do differently with Intel’s AI strategy, ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

In 2023, Intel reduced its workforce by about 5%, ending the year with 124,800 employees after starting job cuts in October 2022. Analysts expect a second-quarter revenue and EPS of $12.94 billion ...

Intel plans to cut 15% of its workforce, following Tesla's lead. The move is part of a turnaround strategy to regain competitiveness in the semiconductor industry.

Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

Investors will be questioning the chip maker’s strategy for the future more than worrying about its second-quarter earnings ...

Intel (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue results that exceeded analyst forecasts. However, the semiconductor giant ...

The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...

Investing.com - Intel Corporation (NASDAQ:INTC) is set to reduce thousands of jobs as part of a strategy to trim costs and support a significant turnaround effort, sources told Bloomberg on Tuesday.

Intel's Job Cuts Reflect Further Decline in PC Market, ... "It's time to make this transition and push the company over all the way to that strategy and that strategic direction," Krzanich said.