Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

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.

The layoffs were confirmed in Intel’s official press release for Q2 2025. In it, Intel says that the layoffs will make the ...

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.

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 announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...

Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan ...

The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...

Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC ...

Intel’s new CEO, Lip-Bu Tan, pushes major reforms amid a 15% workforce cut. Despite beating revenue forecasts, the company shifts strategy to boost agility and efficiency.

Intel has been hunting for cost reductions for well over a year. The company's worldwide workforce fell by 5% to about 125,000 in 2023, although its payroll locally rose by 1,000.