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Intel, Layoffs and Bloomberg

Reuters on MSN · 3d

Intel to lay off more than 20% of workforce, Bloomberg News reports

Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported on Tuesday, citing a person with knowledge of the matter.

OregonLive.com on MSN · 3d

Intel’s new CEO plans to cut another 20% of its jobs, Bloomberg reports

Intel plans to eliminate 20,000 jobs or more across the company, Bloomberg reported Tuesday night, citing an anonymous source familiar with the chipmaker’s plans. The cutbacks would follow massive layoffs last year at the ailing chipmaker and the installation of a new CEO,

Fast Company on MSN · 1d

Intel layoffs: new CEO confirms job cuts. INTC stock sinks after earnings

The chipmaker’s new boss, Lip-Bu Tan, told employees that Intel needs to remove “organizational complexity” and become more engineer focused. Yesterday was an eventful day for shareholders and employees of Intel Corp.

Intel, Disappointing Second-Quarter Outlook

The Verge · 1d

Did Intel just announce layoffs without announcing layoffs?

Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel is “taking actions” that include “streamlining the organization, eliminating management layers and enabling faster decision-making,

The Wall Street Journal on MSN · 1d

Intel Cuts Outlook, Says Layoffs Are in Store

The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove challenging.

Investor's Business Daily on MSN · 1d

Intel Stock Drops On Disappointing Second-Quarter Outlook

Struggling chip giant Intel beat estimates for the first quarter but guided well below views for the current period. Intel stock fell on the news.

1don MSN

Bay Area tech giant Intel's new CEO confirms layoffs, orders more in-office days

Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...

1don MSN

Intel Layoffs Can’t Solve the Chip Maker’s Issues. Why Wall Street Is Wary of the Stock.

Shedding employees will provide some relief on costs but analysts are skeptical the company can resolve its major issues.

ET Now on MSN1d

Intel Layoffs 2025: 20% staff cuts in major restructuring under new CEO Lip-Bu Tan - Reports

Intel is making headlines with a significant restructuring decision, reportedly laying off 20% of its workforce this week.

Tuko on MSN1d

"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs

New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House ...

tom's Hardware on MSN1d

Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate

Intel CEO Lip Bu-Tan announced a series of sweeping measures today, including an unspecified number of layoffs, a company ...

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