Intel Workforce Reduction

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Intel to lay off 22% of workforce

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

“There are no more blank checks,” he wrote. “Every investment must make economic sense. We will build what our customers need, when they need it, and earn their trust through consistent execution.”

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Intel sees 15% workforce reduction as CEO Tan plans revival

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

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Intel slumps as potential foundry exit deepens investor gloom

Intel shares (INTC.O) sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, a potentially drastic move by the new CEO to cut spending and re...

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Intel earnings bring more questions than answers, sending the stock lower

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Intel abandons European manufacturing sites as part of turnaround plan

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Intel cuts back spending, workforce as struggling chip maker mounts comeback

“I know the past few months have not been easy. We are making hard but necessary decisions to streamline the organization, drive greater efficiency and increase accountability at every level of the co...

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Intel: Q2 Earnings Snapshot

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Intel: No Easy Way Out Of The Malaise

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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 short-term profits.

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Intel CEO unveils drastic workforce reductions by year-end amid turnaround plan

Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.

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Intel announces it will lay off about 15% of its total workforce by year’s end

During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.

Intel Workforce Reduction Grows to 25,000 Amid Turnaround Efforts

Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC pic.twitter.com/tHPHjftT6Y — Markets & Mayhem (@Mayhem4Markets) July 25, 2025

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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 company's latest financial results, that it plans to end the year with a workforce of around 75,

Intel (INTC) Stock Trades Down, Here Is Why

Shares of computer processor maker Intel (NASDAQ:INTC) fell 9.6% in the afternoon session after the company reported an unexpected second-quarter loss and announced significant restructuring plans, including major job cuts.

Intel layoffs: Chipmaker cuts 15% of its workforce, scraps multibillion-dollar chip expansion plans

Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan emphasized the need for time to enhance competitive positioning and profitability while creating long-term shareholder value.