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Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Layoffs would be the first major restructuring under new CEO Tan Lip-Bu, who took the helm in March. Read more at ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...
Today is Intel’s Q1 2025 earnings call, and the first we’re truly hearing from new Intel CEO Lip-Bu Tan, who took over the ...
Many large employers have begun enforcing return-to-office policies over the past two years. Nike began requiring employees ...
Shares of Intel finished the week on a down note after its latest financial outlook disappointed investors. The stock’s next ...
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ET Now on MSNIntel Layoffs 2025: 20% staff cuts in major restructuring under new CEO Lip-Bu Tan - ReportsIntel is making headlines with a significant restructuring decision, reportedly laying off 20% of its workforce this week.
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