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INTEL RESTRUCTURING NEWS
Intel stock crashes hard today: why did Intel stock plunge 16% after Q4 2025 earnings despite beating estimates – has INTC collapsed before a potential comeback?Intel stock ($INTC) suffered a massive 16.20% crash today. The decline wiped out over $30 billion in market value. This happened despite In...
US stock market crashes again today: Why Dow, S&P 500, and Nasdaq are down - Wall Street turns red again as inflation data calms fears but complicates the Fed outlookUS stock market crashes again today: Dow, S&P 500, and Nasdaq are down. The Dow Jones Industrial Average dropped 363.48 points (-0.73%) to ...
Flipkart gets IPO-ready; Wakefit's bumpy debutFlipkart is moving fast on the road back to India, where it plans to go public. This and more in today’s ETtech Top 5.
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...
Over 1,00,000 job cuts rattle tech industry in 2025: Amazon, Meta, Google, Intel lay off thousands of employees. Check full list of companiesTech layoffs 2025: Major technology companies worldwide are cutting costs, resulting in massive job losses. Firms like Amazon, Intel, and T...
US stocks fall: Dow, S&P 500, Nasdaq drop on jobless claims dip; investors watch fed, Starbucks job cuts, Carmax earningsUS stocks fell as jobless claims dropped and investors worried about interest rates. The economy grew faster in Q2, but some companies like...
Nvidia to invest $100 billion in OpenAI for data centre developmentThe move underscores the increasingly overlapping interests of the various tech giants developing advanced AI systems. The deal gives Nvidi...
Oracle layoffs: Oracle cuts over 150 cloud division jobs amid surge in AI spendingOracle layoffs: Oracle has cut over 150 jobs in its cloud unit, mainly in Seattle, amid soaring AI infrastructure costs. While still hiring...
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...
Trade deal windfall for Indian IT; Trump's warning shotIndia’s software exports are set to get a boost from the latest trade pact with the UK. This and more in today's ETtech Top 5.
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 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...
Dating app Bumble breaks up with hundreds of employees in major mass layoff announcementPopular dating application Bumble announced it will lay off approximately 240 employees, representing 30% of its global workforce. Followin...
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...
Nearly 100 companies expected to lay off employees in March: ReportsMarch may bring some disheartening news for employees as nearly 100 companies are expected to be hit by layoffs. The WARN notice is a legal...
Mass layoffs hit tech industry: Over 27,000 jobs cut as Intel, Cisco, IBM, and Apple slash workforceTech companies cut over 27,000 jobs in August 2024, with major firms like Intel, IBM, and Cisco among those announcing layoffs. Intel plans...
ETtech layoff tracker: job cuts continue as thousands fired in first week of 2023Big tech firms such as Meta, Twitter, Amazon, Alphabet, and Microsoft announced en masse layoffs last year citing 'global uncertainty, dwin...
Tech companies keep slashing jobs in uncertain 2023 economyIn November, the most recent month for which data is available, the sector announced 52,771 cuts, for a total of 80,978 over the course of ...
- Intel: Reinventing itself to ride the next wave
Transition in the time of recession is always more challenging. But Intel is confident it is on top of the game, Intel President & CEO Paul...