Following Layoffs, Intel ... “The changes are designed to impact our ... it’s safe to assume that Intel is doing its best to compete in these less-than-ideal economic times. Still, Intel has ...

Intel turns to layoffs as it looks to slash expenses A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. · Manufacturing Dive · Justin Sullivan via ...

While an exact timeline for the layoffs was not laid out, the company said it expects to complete the 15% reduction by the end of the year. The job cuts are set to impact about 18,720 workers.

In the first WARN letter, dated January 11, Intel followed up to a December 2, 2022 notification that 90 employees were being laid of from Intel’s Mission Campus in Santa Clara, Calif. by ...

That question was answered yesterday when the news broke: 529 Intel employees in Hillsboro are being permanently laid off. Portland media outlets reported the cuts, and while expected, the reality now ...

Intel Planning More Layoffs Amidst Weak Economy The chipmaker let go of more than 500 employees in January, and it looks like more layoffs are on the way. Written by Conor Cawley ...

In a move that underscores its commitment to future technologies, Intel has announced the launch of a groundbreaking AI Robotics Division. This initiative comes on the heels of a recent wave of ...

Intel told employees Thursday that it will offer early retirement incentives and buyouts. The company will surely need thousands of layoffs, too, to cut as many jobs as it plans.

Intel is coming off of two consecutive quarters of large losses, including a 36% year-over-year drop in revenue in the first quarter. Intel Corp. (Nasdaq: INTC) plans a new round of layoffs as it ...

Intel drops 10% as looming tariff impacts overshadow strong earnings results. ... have increased the chance of an economic slowdown, ... plans include layoffs and a stricter return-to-office mandate.

In a letter to employees on Thursday, the chipmaker’s new CEO Lip-Bu Tan wrote that critical changes are coming that will reduce the size of Intel’s workforce. “Our competitors are lean ...