The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...

Intel’s job cuts have doubled in California, affecting 1,935 employees across Santa Clara and Folsom. Meanwhile, 2,392 ...

The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

Following Layoffs, Intel ... “The changes are designed to impact our ... it’s safe to assume that Intel is doing its best to compete in these less-than-ideal economic times. Still, Intel has ...

In the first WARN letter, dated January 11, Intel followed up to a December 2, 2022 notification that 90 employees were being laid of from Intel’s Mission Campus in Santa Clara, Calif. by ...

Intel turns to layoffs as it looks to slash expenses A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California. · Manufacturing Dive · Justin Sullivan via ...

Intel told employees Thursday that it will offer early retirement incentives and buyouts. The company will surely need thousands of layoffs, too, to cut as many jobs as it plans.

While an exact timeline for the layoffs was not laid out, the company said it expects to complete the 15% reduction by the end of the year. The job cuts are set to impact about 18,720 workers.

RIO RANCHO, N.M. – Intel announced its plan to cut costs by $10 billion next year, which reportedly includes letting go of 15,000 people. Sources close to Intel tell KOB 4 they don’t expect ...

Intel drops 10% as looming tariff impacts overshadow strong earnings results. ... have increased the chance of an economic slowdown, ... plans include layoffs and a stricter return-to-office mandate.