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Intel to lay off more than 15% of its workforce as it cuts costs to try to turn its business aroundIntel 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 ...
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