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

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 ...

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 ...

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.

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 ...

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 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 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.

In a move that underscores its commitment to future technologies, Intel has announced the launch of a groundbreaking AI Robotics Division. This initiative comes on the heels of a recent wave of ...

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 ...