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Intel CEO calls for layoffs

Bay Area tech giant Intel's new CEO confirms layoffs, orders more in-office days

Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right its course.

USA Today · 1d

Intel CEO calls for layoffs as tech giant loses $821 million

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

Engadget · 7h

Intel confirms layoffs as it tries to 'make engineers more productive'

This will begin in Q2 and we will move as quickly as possible over the next several months." Intel has been downsizing significantly over the last few years. Just last August, the company said it would cut more than 15,

Intel, Job Cuts and Hybrid Work

The Business Journals · 1h

New Intel CEO reveals changes, plans to cut workforce by 20%

Intel reported 1Q 2025 financial results. This follows a Bloomberg report April 22 explaining the tech giant plans to cut more than 20% of its staff, with a goal of improving company efficiency.

Sacramento Bee on MSN · 22h

Intel reports deepening losses. New CEO signals job cuts will continue

Intel’s new chief executive, looking to shore up finances and regain lost ground, announced Thursday that job reductions will continue and hybrid workers will be called back into the office for an additional day each week.

Investopedia on MSN · 1d

Job Cuts—And Less Hybrid Work—Are Coming to Intel, CEO Says

Another big American employer expects to see more of its people around the office—and fewer people in total. New Intel (INTC) CEO Lip-Bu Tan late Thursday said in a letter to employees—and published online—that hybrid employees should be on-site at least four days a week by Sept.

Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture

When headcount becomes a KPI, bureaucracy grows and productivity stalls. Intel’s culture reset is a cautionary tale for every business leader.

22hon MSN

‘There are no quick fixes’: Intel’s CEO gives Wall Street a reality check about the chipmaker’s would-be turnaround

Intel’s new CEO dispelled hope for a quick solution to his company’s problems that have turned the one-time chip making titan ...

31m

Intel slides as Wall Street digests 'no quick fixes'

Among investors, new Intel CEO Lip-Bu Tan's early plans don't translate into newfound hope for the chipmaker's prospects.

Intel, TSMC leaders try to find area for 'collaborating.' What could it mean in Arizona?

Intel's new CEO confirms he met with executives who built and run Taiwan Semiconductor Manufacturing Co. Both companies are big Arizona chipmakers.

18hon MSN

Intel offers weak forecast amid trade tensions as CEO talks to TSMC

Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO ...

8hon MSN

Intel CEO’s Bid to Revive Firm Overshadowed by Bleak Outlook

Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...

17h

Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says 'Clearly, There Are No Quick Fixes,' But Investors Should 'Stay Tuned'

Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% ...

18h

Intel’s new CEO signals streamlining efforts but does not spell out exact layoff numbers

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.

4hon MSN

Intel stock slides, employees fret as turnaround prospects dim

New CEO Lip-Bu Tan plans major changes in the way Intel operates but hasn't made any significant changes in strategy.

4hon MSN

Intel shares fall as dour forecasts overshadow CEO's turnaround promises

Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan ...

12hon MSN

Intel is joining the hardcore tech bandwagon: 'The best leaders get the most done with the fewest people'

The CEO's Thursday memo reflects a broader cultural crackdown across tech.

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