The cutbacks could be devastating in Oregon. The chipmaker is the state's largest employer and makes Oregon's most valuable product.

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 ...

Bloomberg reported that more than 20 percent of Intel staff could be laid off ... but referred to an email to staff from Tan, who said the layoffs would begin in the current quarter and continue ...

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce specific layoff numbers.

That means it is currently unknown if Bloomberg’s 20% figure was correct. Fast Company has reached out to Intel for comment on the number of upcoming layoffs. What Tan did confirm is that the ...

That means it is currently unknown if Bloomberg’s 20% figure was correct. What Tan did confirm is that the layoffs would happen in Q2—which is Intel’s current quarter. He also said that the ...

Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...

Intel had over 120,000 employees after its 2022 layoffs, and its 2024 layoffs brought that total down to 108,900, but the company may downsize again. Bloomberg’s single “person with knowledge ...

Citing a person familiar with the matter, Bloomberg reported the chipmaker is focused on rebuilding an “engineering-driven culture.” The reported job cuts and restructuring follow the ...

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.