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This would be the second mass layoff at the company in less than a year. 15,000 jobs were cut in August as part of ...
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Intel is reportedly preparing another round of layoffs, with 21,000 of its global workforce to be out of work, representing ...
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...
Chip-maker Intel plans to cut over 20% of its workforce to reduce bureaucracy and rebuild its engineering culture under new ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...
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 ...
Layoffs would be the first major restructuring under new CEO Tan Lip-Bu, who took the helm in March. Read more at ...
Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.
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