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The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
More layoffs are coming at Intel, the latest Big Tech company to make big cuts in its staff. The American chip giant on ...
The rise of Artificial Intelligence (AI) and Large Language Models (LLMs) has revolutionized the digital world, but it has ...
We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of ...
Intel has announced another major round of layoffs. The company now expects to end 2025 with approximately 75,000 core ...
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...
Intel’s position in the industry has slumped badly. Nevertheless, the company is hugely important to Oregon as one of its largest private employers.