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Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
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 ...
Intel’s brand-new CEO took a big step in his effort to turn the chipmaker around, slashing costs by shedding 21,000 workers.
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Link: Bloomberg | | bloomberg.com] Intel had over 120,000 employees after its 2022 layoffs, and its 2024 layoffs brought ...
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
"We are seen as too slow, too complex and too set in our ways," Tan said, after hearing from customers. The new leader, who ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce ...