News

Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
Intel CEO Lip-Bu Tan announced a restructuring plan involving layoffs and management changes to regain competitiveness. The ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...
Lip-Bu Tan’s message to employees cuts to the heart of his critique of the chipmaker’s culture, which he said used the wrong ...
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce ...
The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...
According to a new story from Bloomberg, Intel is set to announce a massive 20 percent reduction in its workforce. This would ...
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...