Intel Layoffs and Strategy - Search News

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Intel Confirms Mass Layoffs

TechRepublic · 1d

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.

PCMag on MSN · 2d

Intel Confirms Mass Layoffs, Over 24,000 Jobs To Be Cut This Year

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

The Verge on MSN · 2d

Intel is laying off 24,000 employees and retreating from some countries

Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around 24,000 people this year — shrinking Intel by roughly one-quarter. (It has also divested other businesses,

Intel plans to slash 25,000 jobs in 2025

Fortune on MSN · 1d

Intel plans to slash 25,000 jobs in 2025 as new CEO warns, ‘There are no more blank checks’

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 earnings and layoff announcement, threatening to erase most yearly gains.

Computerworld · 1d

Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Investopedia on MSN · 1d

Intel Plans to Spin Off Its Networking Unit as CEO Looks to Shed Assets

Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the direction of new CEO Lip-Bu Tan, according to a Friday report.

55m

Intel Approaches Finalization of 15 Percent Workforce Reduction

US semiconductor titan Intel revealed on Thursday that it is approaching the completion of its plan to reduce its workforce ...

Cryptopolitan on MSN1d

Intel stock plunges after CEO's strategy shift

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

TechNewsWorld5d

Intel’s Bold Gamble: Layoffs, AI, and the Road to Recovery

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

1don MSN

Intel abandons chip plants in Germany and Poland, confirms more layoffs

This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...

2don MSN

Intel says a fifth of its workforce will be gone by year’s end

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

2don MSN

The Layoffs Keep Coming as the Remaking of Intel Rolls On

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

The HR Digest2d

Intel layoffs in 2025: A cultural overhaul or a risky reset?

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

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