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Intel Confirms Mass Layoffs

TechRepublic · 20h

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

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

PCMag on MSN · 1d

Intel Confirms Mass Layoffs, Over 24,000 Jobs To Be Cut This Year

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

The Verge on MSN · 1d

Intel is laying off 24,000 employees and retreating from some countries

Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around 24,000 people this year — shrinking Intel by roughly one-quarter. (It has also divested other businesses,

Intel to lay off 22% of workforce

Fortune on MSN · 1d

Intel plans to slash 25,000 jobs in 2025 as new CEO warns, ‘There are no more blank checks’

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 earnings and layoff announcement, threatening to erase most yearly gains.

Computerworld · 1d

Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

USA Today · 1d

'No more blank checks': Intel looks committed to Arizona, even as it retreats elsewhere

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.

2don MSN

The Layoffs Keep Coming as the Remaking of Intel Rolls On

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

TechNewsWorld5d

Intel’s Bold Gamble: Layoffs, AI, and the Road to Recovery

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

1don MSN

Intel abandons chip plants in Germany and Poland, confirms more layoffs

This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...

2don MSN

Intel says a fifth of its workforce will be gone by year’s end

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

The HR Digest1d

Intel layoffs in 2025: A cultural overhaul or a risky reset?

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

The American Bazaar1d

CEO Lip-Bu Tan’s Intel overhaul: 15% job cuts, factory pauses

There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...

2d

Intel to lay off 15% more staff by year-end and scale back foundry investments

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

1d

Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans

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

InvestorsHub on MSN1d

Intel shares fall sharply after announcing job cuts and posting unexpected Q2 earnings

Intel (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue ...

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