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Intel will initiate a wave of layoffs at its manufacturing facilities starting mid-July, marking the company’s first major ...
The report paints a stark picture, with at least 90,471 employees laid off from tech companies. The US leads the way, with ...
Intel will begin laying off factory workers in mid-July as part of CEO Lip-Bu Tan’s first major move since taking over. The ...
Its new CEO, Lip-Bu Tan, has been working on turning Intel Corporation (NASDAQ:INTC) to profitability, with the company said ...
Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will ...
Intel stock is trading at a modest 14 times the EPS estimate for the fiscal year ending Dec. 2027. Read an analysis of INTC ...
Intel has announced that new products from the company won't be assigned engineers unless it can promise '50% or higher gross ...
FedEx is laying off more than 300 employees at its Fort Worth supply chain facility after a major client announced plans to ...
Layoffs in the tech sector have scaled back so far in 2025, for the second year in a row, with Intel and Microsoft reporting ...
GM is laying off 100 Rochester workers after EV production shifts to Mexico and sales slow. Some may transfer or be recalled in early 2026.
Intel CEO Lip-Bu Tan is initiating a significant restructuring, including layoffs and management changes, to boost innovation and cut costs. The company aims to reduce bureaucracy by flattening ...
According to a Bloomberg report, citing people aware of the development on April 23, Intel is set to lay off more than 20 per cent of its staff to reduce bureaucracy in the struggling company.
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