Intel plans to cut 15%-20 % of its global fab network workforce — between 8,170 and 10,890 employees — to reduce costs, but this risks operational agility and potentially jeopardizes federal ...

In a letter to employees on Thursday, the chipmaker’s new CEO Lip-Bu Tan wrote that critical changes are coming that will reduce the size of Intel’s workforce. “Our competitors are lean ...

Intel is reportedly preparing to slash up to 20% of its factory workforce next month, a sweeping round of job cuts that will impact a key department.

intel; layoffs; Intel to cut as many as 10,000 factory jobs, one of its largest-ever layoffs Massive layoffs hit foundry workforce in major restructuring By Skye Jacobs June 18, 2025, 7:02 16 comments ...

Intel is set to implement significant layoffs, impacting 15% to 20% of its Intel Foundry workforce starting in July, potentially affecting over 10,000 employees globally. This move is part of CEO ...

Intel has been the worst offender in terms of layoffs this calendar year. According to a Bloomberg report, the company announced plans to let go of 20 percent of its workforce. With 1,08,900 employees ...

Intel will begin a new round of layoffs next month. The semiconductor giant plans to lay off 15% to 20% of workers in its Intel Foundry division starting in July, according to an internal memo ...

Media reports in recent days have suggested Intel could lay off more than 20% of its workforce, which numbered about 109,000 employees at the end of last year, including 12,000 in and around Chandler.

Intel turns to layoffs as it looks to slash expenses A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. · Manufacturing Dive · Justin Sullivan via ...

Intel is planning to slash 20% of its staff. The cuts come as the organization works to change its business strategy. The tech company recently hired a new CEO. A substantial lay off of employees ...

There's been a lot of talk online about "recession indicators" over the past few months.Now, we have a big one. Intel is reportedly preparing for its largest round of layoffs ever. According to a ...