This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.

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

The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid ...

In the latest sign of ongoing struggles Intel, one of the semiconductor giant’s spinoff companies has announced dozens of Bay ...

Intel began laying off employees across the company Monday, notifying workers individually about whether they will keep their jobs. New CEO Lip-Bu Tan told workers in April to expect major layoffs ...

Intel Corp. has made its third wave of layoff announcements in three weeks. Intel plans major layoffs, report says CEO Lip-Bu Tan says Intel will get 'lean, fast and agile' CEO Lip-Bu Tan says ...

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...

Earlier this month the semiconductor chip maker Intel announced it would layoff nearly 2,400 workers in Washington County, amounting to about 10% of its overall workforce. Nonetheless, the company ...