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

Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of 2025.

We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of manufacturing projects. In the midst of an ongoing turnaround effort, Intel ...

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.

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

SAN FRANCISCO (Reuters) -Three senior executives in Intel's manufacturing operations are set to retire, Intel told Reuters on ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

Intel was originally supposed to start production on the plants this year. The facilities are expected to bring 3,000 jobs to ...

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.