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The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Acree kept a Hold rating on Intel stock with no price target.
Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel plans to spin off its NEX unit into a new company; read the full memo sent to customers by Sachin Katti.
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Intel plans major job reductions to streamline operations
The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...
Intel's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are ...
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. Learn more on INTC stock here.
Tech giant Intel has announced plans to eliminate approximately 24,000 jobs—roughly 22–25 percent of its workforce—by the end ...
Intel told our partners at Columbus Business First that ‘slowing construction’ really does mean slowing and says they have ...
Intel (INTC) stock is plunging after the company released earnings. Despite reporting a "decent beat," Bernstein managing ...
As of December 2024, Intel’s headcount stood at 109,800, with around 99,500 of them classified as ‘core employees. The ...
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