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 ...
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WED: Top New Mexico lawmakers say they'll take deliberate approach to federal budget bill, + More
As top New Mexico lawmakers digest the implications of a federal budget bill signed this month by President Donald Trump, ...
Intel to lay off more than 200 workers at Rio Rancho facility in coming months
Major layoffs for Intel have now come for their Rio Rancho location, where more than 200 people will lose their jobs in the ...
Intel’s retreat is unlike anything it’s done before in Oregon
Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...
Intel’s recent layoffs take an unexpected turn
Also, another recent WARN notice shows that Intel has increased its planned layoffs in Arizona from 170 to almost 700. This new round of layoffs means Intel has cut over 20,000 jobs, a year after it ...