News

Intel layoffs: new CEO confirms job cuts. INTC stock sinks after earnings
The chipmaker’s new boss, Lip-Bu Tan, told employees that Intel needs to remove “organizational complexity” and become more ...
Did Intel just announce layoffs without announcing layoffs?
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Tech Break on MSN2h
Intel plans to lay off 20% of its employees, says website
According to a report by Bloomberg, Intel is planning to lay off around 20% of its current workforce. O post Intel plans to ...
Bay Area tech giant Intel's new CEO confirms layoffs, orders more in-office days
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...
Intel Layoffs Can’t Solve the Chip Maker’s Issues. Why Wall Street Is Wary of the Stock.
Shedding employees will provide some relief on costs but analysts are skeptical the company can resolve its major issues.
ET Now on MSN2d
Intel Layoffs 2025: 20% staff cuts in major restructuring under new CEO Lip-Bu Tan - Reports
Intel is making headlines with a significant restructuring decision, reportedly laying off 20% of its workforce this week.
Tuko on MSN2d
"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs
New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House ...