We know that chip stock Intel ($INTC) has been hemorrhaging employees for the last several months now, on its way to cutting ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the company’s top job in March, replacing former head honcho Pat Gelsinger in an ...

Intel has announced the retirement of three senior executives as part of sweeping changes to its manufacturing operations.

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the year with a “core workforce” of around 75,000 staff, which would mean it loses ...

intel layoffs Intel to cut as many as 10,000 factory jobs, one of its largest-ever layoffs Massive layoffs hit foundry workforce in major restructuring By Skye Jacobs June 18, 2025 at 7:02 AM 16 ...

Intel has delayed the opening of its first Ohio factory until 2030, a tacit acknowledgement there isn’t enough demand for its chips to justify the $10 billion investment to equip the facility.