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INTEL RESTRUCTURING
Cisco shares hit record on strong forecast, AI push with job cutsThe jump, if sustained, would mark the best day for the stock since a robust earnings reports in May 2002 sparked a furious rally in the ...- US Stock Market: Intel’s AI bet drives upbeat forecast and investor confidenceIntel forecast stronger-than-expected Q2 revenue of $13.8–$14.8 billion, driven by robust demand for AI-focused server chips, with earnings...
- US Stock Market: Johny Srouji to lead unified hardware team as Apple prepares for leadership transitionApple is restructuring its hardware organisation by merging the engineering and technologies divisions into a unified leadership model. The...
- Intel joins Musk's Terafab AI chip project to power humanoid, data centre goalsIntel will collaborate with Elon Musk's Terafab AI chip project. This partnership aims to produce processors for Musk's robotics and data c...
- Tech layoffs: India once again in the crosshairs, with 1 in 3 laid off by Oracle based hereThousands of Oracle employees in India faced immediate job termination via email. This action is part of a global workforce reduction affec...
- Intel to buy back Apollo stake in Ireland factory for $14.2 billionIntel is repurchasing a significant stake in its Ireland manufacturing plant. This move signifies improved finances and growing demand for ...
- Ex Intel directors advocate massive shake up as Trump guns for CEO TanFormer Intel board members are advocating for a significant restructuring, urging shareholders to push for the spin-off of Intel Foundry in...
- Intel stock falls after Donald Trump calls for CEO Lip-Bu Tan to resign over China tiesIntel CEO Lip-Bu Tan latest news: US President Donald Trump wants Intel CEO Lip-Bu Tan to resign. Trump says Tan is conflicted. Intel's sto...
- Intel to axe 24,000 jobs — is your state or country on the layoff list? Here’s who’s affected mostIntel is set to reduce its workforce by approximately 24,000 positions this year, impacting operations across the U.S., Germany, Poland, an...
- Intel on fire: Shares surge 5% - Top factors fueling the rallyIntel stock surged 4.84% to $23.07 as the tech giant moves ahead with global layoffs to streamline operations and boost efficiency under it...
- Intel layoffs 2025: Design engineers, software architects lose jobs - these key divisions are nextIntel layoffs in California have started, with the tech giant cutting over 100 jobs at its Santa Clara headquarters. This move is part of C...
- Intel plans July layoffs of 10,000+ staff: How AI boom is impacting it and who’s safe, who’s notIntel plans significant job cuts in its foundry division starting July. This move could affect over 10,000 employees globally. The layoffs ...
- Intel shareholders approve equity incentive plan, new CEO payIntel investors backed a plan to boost share reserves for employee incentives and CEO Lip-Bu Tan’s pay. They re-elected board members, excl...
- Intel to cut over 20% of workforce: ReportsIntel is reportedly preparing to slash over 20% of its workforce as part of a broader restructuring effort under new CEO Lip-Bu Tan. The mo...
- Intel posts $16.6 billion quarterly loss, its biggest everPat Gelsinger, Intel's CEO, had ordered the restructuring in August in response to shrinking profit margins caused by the costs of catching...
- Intel chairman Omar Ishrak steps downOmar Ishrak had stepped down and the chipmaker appointed board director Frank Yeary as his replacement.
- Intel to consolidate plants, cut jobsIntel says it is consolidating its global manufacturing operations as a part of a restructuring bid which will affect up to 6,000 jobs.
- Global layoffs likely to benefit techiesAfter the layoffs, a spurt in demand for low-cost, high-skilled IT destinations like India is expected.
- Intel remains committed to IndiaIntel, which has announced layoff of 10,500 employees worldwide, said it remains committed to India.
- Intel shuffles its top executivesIntel Corp is reassigning five top executives to new positions as part of a corporate restructuring designed to simplify the company's mana...
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