News

Intel to Lay Off 15% of Workers, Cancel Billions in Projects in Bid for Rebound
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Intel pull out of Germany, Poland, and Costa Rica as new CEO shrinks the company by a third
Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...
Intel to slash thousands of job by year-end as chipmaker issues bleak forecast
The Santa Clara, Calif.-based chipmaker disclosed the layoff goals as it forecast steeper third-quarter losses than Wall ...
Intel to slash workforce by year-end as it forecasts steeper losses than expected
Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024 ...
Intel beats shareholder lawsuit over $32 billion stock plunge
A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one-day ...