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Intel is set to lay off over 10,000 employees, impacting 15% to 20% of its Foundry workforce. This move, part of a larger restructuring strategy initiated by new CEO Lip-Bu Tan, aims to address ...
Intel’s new CEO Lip-Bu Tan just swung the axe, hired elite engineering talent, and rearranged the executive chessboard in a ...
In early 2025, the company announced even deeper cuts of over 20 per cent of the company’s workforce as part of a major push to streamline operations and rebuild Intel’s engineering culture.
New CEO Lip-Bu Tan still hasn't outlined a strategic plan for reviving Intel, but he's putting his stamp on the executive ...
Intel has reportedly tolf staffers it plans to lay off 15-20% of its workers from its chip manufacturing division, with more ...
Intel will begin laying off 15–20% of its Intel Foundry workforce in July 2025, amounting to over 10,000 job losses globally.
U.S.-based AI startups continue to rake in venture funding with multiple companies already raising impressive rounds in 2025.
It has been two and a half months since new chief executive officer Lip-Bu Tan gave the keynote at Intel’s Vision 2025 event, ...
The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.
Intel bolsters its AI chip strategy with new executive hires, including a Chief Revenue Officer and key engineering VPs, ...
Intel said Wednesday that it has named 25-year sales veteran Greg Ernst chief revenue officer and hired three engineering ...
Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This ...
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