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Intel had 124,800 employees as of the end of 2023 according ... The president praised them for plans to “build a workforce of the future” for the $20 billion project, which he said would ...
We all knew that new CEO Lip-Bu Tan was going to make some changes at chip stock Intel (INTC). We were hoping for it, in some sense; clearly, ...
In 2025, major tech companies are cutting jobs to streamline operations and focus on new technologies like AI. Over 23,500 jobs were eliminated across 93 companies. Here's what u need to know ...
This is not an unfounded fear as Intel laid off 15% of its workforce last year in an attempt to reduce costs and save over $10 billion by 2025. Those layoffs included a significant chunk of Intel ...
Lip-Bu is reportedly considering a layoff of what amounts to half of Intel’s workforce in a bid to pull the company out of its downward spiral. And this downward spiral might be worse than some ...