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Google extended buyout offers to more employees this week, marking the latest move by Big Tech firms to lower headcounts. It ...
The tech industry continues to face significant job cuts in 2025, with over 62,000 employees laid off in the first five ...
That means it is currently unknown if Bloomberg’s 20% figure was correct. Fast Company has reached out to Intel for comment on the number of upcoming layoffs. What Tan did confirm is that the ...
Layoffs in the tech sector have scaled back so far in 2025, for the second year in a row, with Intel and Microsoft reporting ...
CEO of Intel Products Michelle Johnston Holthaus said Tuesday she is considering manufacturers outside of Intel Foundry, the ...
Bloomberg said Intel plans to announce the cuts this week. The company declined comment on the report. Mass layoffs could have severe consequences in Oregon, Intel’s largest operating hub.
Now, we have a big one. Intel is reportedly preparing for its largest round of layoffs ever. According to a new story from Bloomberg, Intel is set to announce a massive 20 percent reduction in its ...
This latest round of layoffs follows significant layoffs in 2024 when the Santa Clara-based chipmaker announced plans to cut about 15,000 jobs. Intel, according to Bloomberg, had about 109,000 ...
Layoffs part of strategy to refocus on engineering-driven culture, report says CEO Lip-Bu Tan aims to revive Intel after management ... inefficiencies, Bloomberg News reported on April 22, citing ...