Intel’s new CEO plans to cut another 20% of its jobs, Bloomberg reports

Intel forecasts Q2 revenue dip, trims headcount under new CEO

The company expects revenue to drop by as much as 12% due in part to “very fluid trade policies” in the U.S., CFO David Zinsner said Thursday.

Intel layoffs: new CEO confirms job cuts. INTC stock sinks after earnings

Yesterday was an eventful day for shareholders and employees of Intel Corp. The American chipmaker reported its Q1 2025 results while its new CEO, Lip-Bu Tan, confirmed earlier reports that Intel would be laying off employees. Here’s what you need to know about those layoffs and the latest movement in Intel’s stock price. New Intel CEO Lip-Bu Tan confirms job cuts The most devastating news to come out of Intel yesterday was that earlier reports …

Intel’s new boss starts with wafer-thin expectations

Restoring a tarnished icon even in calm times is no simple task

Intel dominated the semiconductor industry for a long time, but now the company is in the shadow of Nvidia's AI chips. Now the new boss is using a Rosskur.

"Best Leaders Get Most Done With Fewest People": New Intel Chief On Layoffs

Bloomberg reported that more than 20 percent of Intel staff could be laid off.

Layoffs are coming to major chipmaker Intel, but Oregon impact is unclear

Layoffs are looming at Intel as the semiconductor giant looks to shave half a billion dollars from its operating expenses.