News

Intel confirms layoffs as it tries to 'make engineers more productive'
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
Did Intel just announce layoffs without announcing layoffs?
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Intel to announce plans this week to cut more than 20% of staff
Layoffs would be the first major restructuring under new CEO Tan Lip-Bu, who took the helm in March. Read more at ...
Intel to cut jobs and spending after award of $7.9 billion in federal grants
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
Intel will require four-day office work week as it aims to ‘flatten organization’
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 ...
Intel to announce over 20% job cuts this week? Report says major restructuring underway by new CEO Lip-Bu Tan — Details
Chip-maker Intel plans to cut over 20% of its workforce to reduce bureaucracy and rebuild its engineering culture under new ...
Intel says employees must return to the office 4 days a week
Many large employers have begun enforcing return-to-office policies over the past two years. Nike began requiring employees ...
Intel turns to layoffs as it looks to slash expenses
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...