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Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products.
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
Intel laid off 15,000 workers last year and is preparing for another round of cuts next month, OregonLive reports, citing an ...
In a memo seen by The Oregonian, Intel manufacturing Vice President Naga Chandrasekara tells workers that the company could ...
Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but ...
Intel is reportedly planning to layoff between 15% to 20% of its factory workers, The Verge stated adding that most of these ...
"Law & Order: SVU" star Mariska Hargitay is making her feature film directorial debut with “My Mom Jayne,” a documentary ...
A report from OregonLive claims the cost-cutting effort, scheduled to begin as soon as mid-July 2025, will primarily affect ...
Intel plans to lay off around 15-20% of its factory workforce as it looks to increase revenues and deal with ever-changing ...
Intel's upcoming 18A node and required cost-cutting moves look bullish for 2H2025 and 2026. Find out why INTC stock is a Buy.
An internal memo reveals that Intel planned to begin layoffs in mid-July, with the process expected to be completed by the end of the month. The tech giant justified the decision as part of its effort ...
Intel was one of the largest beneficiaries of CHIPS Act funding, winning a total award of $7.86 billion toward the end of ...