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Intel says it is laying off 15% of workers as chipmaker grapples with manufacturing challenges
Intel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more ...
Intel to lay off 15% more staff by year-end and scale back foundry investments
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Intel cuts back spending, workforce as struggling chip maker mounts comeback
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
EconoTimes4d
Intel Slashes Workforce 22% as New CEO Lip Bu Tan Enforces Cost Discipline
Intel (NASDAQ: INTC) will end 2025 with a workforce over 20% smaller than last year as new CEO Lip Bu Tan pushes aggressive ...
Intel to lay off almost a third of its staff and scale back foundry investments
The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...
WinBuzzer2d
Intel to Spin Off Networking Business in Painful Restructuring
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
CNET11y
Intel to ax 1,500 jobs in Costa Rica - CNET
The chipmaker's closure of a Costa Rice assembly-and-test operation is part of a plan to cut costs and shift Intel's focus from PCs to mobile. Intel to ax 1,500 jobs in Costa Rica - CNET X ...
Business Facilities1y
Intel To Invest $1.2B In Costa Rica - Business Facilities Magazine
Intel To Invest $1.2B In Costa Rica Over the next two years, U.S. chip manufacturer Intel is planning to invest $1.2 billion in Costa Rica, where it employs 3,300 workers. 09/06/2023 ...
The Tico Times1y
Intel Investing $1.2 Billion in Costa Rica - The Tico Times
That agreement opens access to U.S. funding starting in 2024 to position Costa Rica as a hub for this critical high-tech industry. With the U.S. Chips and Science Act enacted in 2022 to boost ...