Amazon has cut hundreds of AWS jobs amid wider tech layoffs, with Intel, Microsoft, and TikTok also reducing staff to curb ...

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

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 last month reported its largest quarterly loss in company history amid a slump in personal computer sales. First-quarter net loss was $2.8 billion and revenue was down 36% year-over-year.

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 ...

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.

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.

Intel is coming off of two consecutive quarters of large losses, including a 36% year-over-year drop in revenue in the first quarter. Intel Corp. (Nasdaq: INTC) plans a new round of layoffs as it ...

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.

“AheadComputing is doing the biggest, baddest CPU in the world,” said Debbie Marr, the company’s CEO. A CPU is a central processing unit, the brain inside a computer. Intel has dominated the CPU ...

Oregon's unemployment rate sits at 4.8%, higher than the national average of 4.1%, as the region's layoffs affect Intel, Nike ...