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Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will ...
Analysts react to reports that Intel has plans in place to eliminate upwards of 20% of its factory workers beginning next month.
Intel announced the pending layoffs in April and notified factory workers last week that the cuts would begin next month.
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
Although the earlier report suggested 20% job cuts across all of Intel, the new one hints at 15-20% of the factory workforce.
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
The Register on MSN12h
Intel reportedly chips away at fab workforce – but hey, maybe there's a tax break comingLayoffs loom at Foundry biz despite CHIPS Act relief on the horizon Intel is reportedly set to shed 15 to 20 percent of its ...
Intel reportedly told employees that it plans to lay off 15 percent to 20 percent of workers from its chip manufacturing ...
Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but ...
A report from OregonLive claims the cost-cutting effort, scheduled to begin as soon as mid-July 2025, will primarily affect ...
The layoffs at Intel continue. Now, according to the well-connected newspaper The Oregonian, the workers at the semiconductor ...
Intel is laying off 15% to 20% of its manufacturing division, part of a strategic pivot aimed at cost reduction and ...
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