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Intel cuts back spending, workforce
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Intel faces declining margins, operating losses, and is losing market share to AMD and Nvidia, making a near-term recovery ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel (INTC) is planning to cut 15% of jobs and plans to end the year with a global headcount of ~75,000 as a part of ...
Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Shares of computer processor maker Intel (NASDAQ:INTC) fell 9.6% in the afternoon session after the company reported an ...
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