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Intel cuts back spending, workforce
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The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
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Intel pulls back from Costa Rica in fresh blow to manufacturing hubBy bnl editorial staff Intel Corp will close its chip assembly and testing facility in Costa Rica as part of a global ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.
Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.
Intel (INTC) is planning to cut 15% of jobs and plans to end the year with a global headcount of ~75,000 as a part of ...
Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.
Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC ...
Shares of computer processor maker Intel (NASDAQ:INTC) fell 9.6% in the afternoon session after the company reported an ...
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