News

Intel (INTC) Declines 8.5% on Dismal Earnings, New Round of Layoffs
We recently published These 10 Stocks Have Collapsed. Intel Corporation (NASDAQ:INTC) is one of the worst-performing stocks ...
Intel plans to layoff 24,000 employees in 2025 — it will also pull back from several projects including some in Germany, Poland, and more
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
Intel Expects Work Force to Shrink by 25,000
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Intel to lay off 22% of workforce as CEO Tan signals ‘no more blank checks’
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel is laying off 24,000 employees and retreating from some countries
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...
Intel to Lay-Off 24,000 Employees, Scrap Europe Projects in Major Restructuring Drive
Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...
Intel says a fifth of its workforce will be gone by year’s end
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel hits the brakes on its automotive business, and layoffs have started
Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...
Intel cuts 15% of its staff as it pushes to make a comeback
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling ...