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Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
Global semiconductor giant Intel is implementing a significant restructuring plan, resulting in over 5,000 layoffs across US ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
The company clarified that the layoffs are part of a broader effort to rebalance its workforce across various global ...
Intel CEO Lip-Bu Tan has openly admitted to global employees that Nvidia has surpassed Intel in the AI chip market. This ...
US chip giant Intel has launched a major downsizing campaign in Israel, slashing jobs and scaling back operations at its ...
Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...
The year 2025 was supposed to be a new chapter. A time when artificial intelligence promised smarter work, faster growth, and ...
Intel plans to lay off over 5,500 employees across the US, with teams in California and Oregon set to see the most job cuts.
Despite laying off thousands, big tech companies are spending vast amounts to attract top AI talent, driving salaries to ...