Search results
9 hours ago · “Intel’s announcement of a significant cost-cutting plan including layoffs may bolster its near-term financials, but this move alone is insufficient to redefine its position in the evolving ...
1 day ago · Both layoff rounds come as Intel tries to bounce back in the market. In April, Reuters reported that Intel's chip-making division lost $7 billion in 2023 alone while making $18.9 billion in ...
8 hours ago · Aug. 1, 2024 Updated 6:54 p.m. ET. Intel, the Silicon Valley chip maker, said on Thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after ...
9 hours ago · Tech industry reporting more layoffs 03:58. Chipmaker Intel Corp. is cutting 15% of its massive workforce as it tries to turn its business around to compete with more successful rivals like Nvidia ...
2 days ago · Intel Corp. is expected to layoff thousands of workers in the coming days in an effort to trim its cost base, as it pursues an ambitious plan to regain its status as the world’s top chipmaker.
2 days ago · July 30 (Reuters) - Intel (INTC.O) plans to cut thousands of jobs to finance a recovery and cope with eroding market share, Bloomberg News reported on Tuesday, citing people familiar with the ...
2 days ago · Intel reduced its workforce about 5% in 2023 to 124,800 by year’s end after announcing job cuts beginning in October 2022. It also has slowed spending in other areas. The company expected those ...
Apr 4, 2024 · Technology giant Intel (NASDAQ:INTC) initiated a new round of job cuts this week, impacting an undisclosed number of employees in its sales and marketing unit. The Intel layoffs have occurred...
2 days ago · Intel is looking to eliminate thousands of jobs as a way to cut costs and fund plans to recover from market share loss and reduced earnings, Bloomberg reported Tuesday. The plan comes as Santa ...
Oct 27, 2022 · Intel has confirmed that it will lay off workers soon as part of its plan to cut billions of dollars in spending. The announcement comes after reports that Intel is planning on cutting...
