News

Intel’s announcement it’s “slowing construction” came as a surprise to many. NBC4 is digging into what the company means by ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
Intel earnings top Q2 forecasts, but deepening net loss sparks job cuts and project cancellations as CEO shifts focus.
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel says the staff reduction is “designed to create a faster-moving, flatter --- and more agile organization.” Part of the ...
During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the ...
Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...