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INTEL RESTRUCTURING PLAN
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...- 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...
- Intel worker fired, then disappears with 18,000 secret files in digital heistIntel has filed a lawsuit against its ex-engineer Jinfeng Luo for allegedly taking thousands of secret company files. The case comes as Int...
- 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...
- Tech layoffs: Intel expects to shrink workforce to 75,000 by year endIntel job cuts: Intel plans to cut over 25,000 jobs by 2025 to cut costs and recover from recent losses. The company will halt some factory...
- 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 to reduce headcount; shuts down automotive chip divisionIntel is implementing workforce reductions as part of a restructuring effort, which includes the closure of its automotive chip division. T...
- 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 sells stake in chip designer Arm HoldingsIntel, facing challenges to maintain its relevance in the chip industry and having announced thousands of job cuts, sold its 1.18 million s...
- Intel memory chip prices drop double projection-CEOIntel Corp Chief Executive Paul Otellini said on Wednesday the company has seen price erosion for certain memory chips in the first quarter...
- Chips up: India's right on top in Intel's global gameplanIndian talent ranks among the best in the world, and growing its research capabilities here is, therefore, high on the agenda of the compan...
- Intel eyes Govt carrot for India manufacturing facilityMicroprocessor major Intel is waiting for Indian government to formulate its policy on semiconductors before it can take a decision on whet...
- Intel profit down 35%, but beats forecastsIntel Corp, the world's biggest computer chipmaker, said its third-quarter profit fell 35 per cent from a year ago to $1.3 billion, but top...
- 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 in firing mood, Indians too to payIntel's 3,000-strong team in India is likely to be a part of the layoff chunk.
- Intel to cut 1,000 managers to save moneyIntel Corp is cutting 1,000 management jobs as the chip maker tries to become more efficient amid stiff competition and weaker demand for p...
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