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Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products.
Intel is considering firing between 15% and 20% of its foundry workers. While the move would help lower costs, the company ...
Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This ...
Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division ...
The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.
New CEO Lip-Bu Tan still hasn't outlined a strategic plan for reviving Intel, but he's putting his stamp on the executive ...
That reduction will soon result in sizable layoffs at Intel Foundry, according to The Oregonian. The report is based on an ...
Intel announced a set of leadership changes aimed at CEO Lip-Bu Tan's attempted transition to a more engineering focused ...
US tech giant Intel is reportedly planning to reduce its factory workforce by 15% to 20%, impacting its manufacturing ...
In a memo to employees, Intel Manufacturing Vice President Naga Chandrasekaran acknowledged the gravity of the decision. "These are difficult actions but essential to meet our ...
Intel is reportedly planning to layoff between 15% to 20% of its factory workers, The Verge stated adding that most of these cuts would be implemented in July. The outlet cited a ...
Intel Corporation has suffered significant financial and strategic setbacks, missing key technological trends such as AI and ...