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More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Intel said Thursday that the company’s next big CPU bet, Panther Lake, remains on track to begin shipping this year, and the ...
Intel's CEO and its executive leadership team are taking pay cuts of up to 25%, as the company attempts to navigate a shaky economy and avoid further layoffs, Reuters reported.
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
The layoffs are partly due to incredibly diminished demand for computers (and chips, by extension, Intel’s core product line). In July, Intel revised its sales forecast for 2022 from $79 billion ...
Intel’s Q1 2025 earnings, due today, are expected to show a year-over-year decline in earnings and revenue, according to Yahoo Finance. Analysts predict a challenging quarter, with sales ...
After years of struggles, the chip giant Intel is in the midst of mass layoffs and buyouts. Some longtime Intel employees are eligible for up to 19 months of severance.
Layoffs.fyi, the website with the unfortunate role of tracking tech layoffs globally currently stands at 192,000 jobs lost in the sector across 661 companies for this year alone. Given it’s only ...
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