Intel Jobs Cut
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Intel Sells Stake in Chip Designer Arm Holdings
Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.
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Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
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''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
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Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
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Intel Plans Thousands of Job Cuts To Cope With PC Market Slowdown: Report
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation.
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Intel Said to Plan Thousands of Job Cuts Amid Ongoing PC Market Slowdown
Intel is said to plan several job cuts across the company, according to a report. The layoffs are planned in the face of a drop in personal computer sales, and will reportedly be announced as early as this month. Some divisions could see layoffs affect 20 percent of staff, and Intel had 113,700 employees as of July, as per a report by Bloomberg.
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Intel Plans To Cut Thousands Of Jobs Hit By Demand Slowdown: Report
Intel is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market.
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Intel India Chief Says AI Will Not Cut Jobs, but Create Different Ones
"Many people argue that with the advent of Artificial Intelligence, our people will lose jobs. No. I do not believe we will lose jobs, we will create different kind of jobs."
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As Technology Shifts More Layoffs Loom at Tech Companies
So far this year, technology companies in the United States have shed about 63,000 jobs.
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As Technology Shifts More Layoffs Loom At Tech Companies
Cisco Systems Inc's announcement on Wednesday that it plans to lay off 5,500 employees is unlikely to be the last round of Silicon Valley pink slips as hardware companies struggle to keep up with rapid technology shifts, analysts and recruiters said.
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Intel Gambit Aims for Position in Post-PC World
Intel said its move aims to "accelerate evolution from a PC company to one that powers the cloud and billions of smart, connected computing devices."
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Intel to Cut Up to 12,000 Jobs as PC Industry Swoons
Most of Intel's factories are in the United States, although it did not identify where cuts would be focused geographically.
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Intel To Cut Up To 12,000 Jobs
Intel Corp on Tuesday said it would cut up to 12,000 jobs globally, or 11 per cent of its workforce, as it refocuses its business towards making microchips that power data centres and Internet connected devices and away from the declining personal computer industry it helped found.
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Intel Set to Expand in India, Says Top Executive
After announcing the departure of two executives last week, Intel was reportedly preparing to cut thousands of jobs across its business units.
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Intel Plans to Cut Thousands of Jobs: Report
Intel Corp is planning to cut thousands of jobs this spring, including reducing headcount in some business units by double-digit percentages, news website Oregonlive said, citing sources inside the company familiar with the plan.
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Intel Sells Stake in Chip Designer Arm Holdings
Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in the second quarter, a regulatory filing showed on Tuesday.
-
Intel Shareholders Sue Chipmaker After Job, Dividend Cuts Cause Stock Plunge
The lawsuit came after Intel said last Thursday it would lay off more than 15 percent of its workforce, or more than 15,000 jobs, and suspend its dividend starting in the fourth quarter as part of a restructuring meant to save $10 billion (roughly Rs. 83,976 crore) in 2025.
-
''Hardest Thing I Have Done In My Career'': Intel CEO On Over 15,000 Job Cuts
Intel will lay off over 15,000 employees, approximately 15 per cent of its workforce by the end of 2024, CEO Pat Gelsinger announced on Thursday.
-
Intel Says It Will Sack 18,000 Staff, Cut $20 Billion In Expenses
US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.The plan to cut approximately $20 billion in expenses this year came as Intel reported a loss of $1.6 billion in the recently ended qua
-
Intel Plans Thousands of Job Cuts To Cope With PC Market Slowdown: Report
Intel Corp. is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a sputtering personal-computer market, according to people with knowledge of the situation.
-
Intel Said to Plan Thousands of Job Cuts Amid Ongoing PC Market Slowdown
Intel is said to plan several job cuts across the company, according to a report. The layoffs are planned in the face of a drop in personal computer sales, and will reportedly be announced as early as this month. Some divisions could see layoffs affect 20 percent of staff, and Intel had 113,700 employees as of July, as per a report by Bloomberg.
-
Intel Plans To Cut Thousands Of Jobs Hit By Demand Slowdown: Report
Intel is planning a major reduction in headcount, likely numbering in the thousands, in the face of a slowdown in the personal computer market.
-
Intel India Chief Says AI Will Not Cut Jobs, but Create Different Ones
"Many people argue that with the advent of Artificial Intelligence, our people will lose jobs. No. I do not believe we will lose jobs, we will create different kind of jobs."
-
As Technology Shifts More Layoffs Loom at Tech Companies
So far this year, technology companies in the United States have shed about 63,000 jobs.
-
As Technology Shifts More Layoffs Loom At Tech Companies
Cisco Systems Inc's announcement on Wednesday that it plans to lay off 5,500 employees is unlikely to be the last round of Silicon Valley pink slips as hardware companies struggle to keep up with rapid technology shifts, analysts and recruiters said.
-
Intel Gambit Aims for Position in Post-PC World
Intel said its move aims to "accelerate evolution from a PC company to one that powers the cloud and billions of smart, connected computing devices."
-
Intel to Cut Up to 12,000 Jobs as PC Industry Swoons
Most of Intel's factories are in the United States, although it did not identify where cuts would be focused geographically.
-
Intel To Cut Up To 12,000 Jobs
Intel Corp on Tuesday said it would cut up to 12,000 jobs globally, or 11 per cent of its workforce, as it refocuses its business towards making microchips that power data centres and Internet connected devices and away from the declining personal computer industry it helped found.
-
Intel Set to Expand in India, Says Top Executive
After announcing the departure of two executives last week, Intel was reportedly preparing to cut thousands of jobs across its business units.
-
Intel Plans to Cut Thousands of Jobs: Report
Intel Corp is planning to cut thousands of jobs this spring, including reducing headcount in some business units by double-digit percentages, news website Oregonlive said, citing sources inside the company familiar with the plan.
