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Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture
Lip-Bu Tan’s message to employees cuts to the heart of his critique of the chipmaker’s culture, which he said used the wrong ...
Intel, a major Arizona employer, might cut 20% of its workforce. What to know
Intel Corp. could lay off 20% of its workforce, according to unconfirmed reports. The company, with a Chandler campus, is a ...
Intel reportedly plans to lay off over 21,000 employees
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
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Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate
Intel CEO Lip Bu-Tan announced a series of sweeping measures today, including an unspecified number of layoffs, a company ...
Intel to lay off more than 20% of workforce, Bloomberg News reports
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...
Intel to cut jobs and spending after award of $7.9 billion in federal grants
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
Intel turns to layoffs as it looks to slash expenses
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...
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Intel to lay off over 20% of its workers. What we know
A substantial lay off of employees is set to occur at Intel. The California-based technology company reportedly will slash ...
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Intel Layoffs 2025: 20% staff cuts in major restructuring under new CEO Lip-Bu Tan - Reports
Intel is making headlines with a significant restructuring decision, reportedly laying off 20% of its workforce this week.