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In the latest sign of ongoing struggles Intel, one of the semiconductor giant’s spinoff companies has announced dozens of Bay ...
In April, Intel announced the sale of a 51% stake in Altera to private equity firm Silver Lake, valuing the company at $8.75 ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
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 ...
So far, nearly 50,000 tech job roles have been replaced with AI as companies like Oracle, Intel, Microsoft, and Nextdoor ...
The Trump administration is reportedly weighing a stake in Intel to boost US chipmaking and ease tensions with its CEO ...
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 ...
Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...
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.
Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around 24,000 people this year — shrinking Intel by roughly one-quarter. (It has ...
The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.