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A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
Intel is laying off more than four times as many people in Arizona as the company had originally announced last week.
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
Intel is planning to lay off a further 5,000 workers, mainly across California and Oregon, as part of its broader effort to ...
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
Also, another recent WARN notice shows that Intel has increased its planned layoffs in Arizona from 170 to almost 700. This new round of layoffs means Intel has cut over 20,000 jobs, a year after it ...
The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Chipmaker Intel is planning to fire over 5,500 employees across various states in the United States, according to filings ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.