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business / markets7 months ago

Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate

https://www.tomshardware.com/pc-components/cpus/intel-ceo-announces-layoffs-restructuring-expanded-return-to-office-mandatehttps://www.techradar.com/pro/intel-reportedly-set-to-announce-huge-layoffs-20-percent-of-workforce-could-be-cuthttps://timesofindia.indiatimes.com/technology/tech-news/intel-may-cut-20-of-its-workforce-the-move-is-part-of-/articleshow/120540598.cms
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Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate Open in Tomshardware.com
Highlights
  • Intel plans to cut over 21,000 jobs in 2025 to improve efficiency amid global economic challenges.
  • The company faces lower second-quarter revenue due to US-China trade tensions and rising tariffs.
  • Intel is restructuring, reducing costs, and shifting focus to AI and advanced manufacturing to stay competitive.
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References

Intel reportedly set to announce huge layoffs - 20% of workforce could be cut

https://www.techradar.com/pro/intel-reportedly-set-to-announce-huge-layoffs-20-percent-of-workforce-could-be-cutTechradar.com
Intel reportedly set to announce huge layoffs - 20% of workforce could be cut

Intel Layoffs: Intel may cut 20% of its workforce: 'The move is part of ...' | - The Times of India

https://timesofindia.indiatimes.com/technology/tech-news/intel-may-cut-20-of-its-workforce-the-move-is-part-of-/articleshow/120540598.cmsTimesofindia.indiatimes.com
Intel Layoffs: Intel may cut 20% of its workforce: 'The move is part of ...' | - The Times of India

Intel will reportedly fire fully 20% of its workforce and focus on 'engineering', a plan that sounds all too familiar at this point

https://www.pcgamer.com/hardware/processors/intel-will-reportedly-fire-fully-20-percent-of-its-workforce-and-focus-on-engineering-a-plan-that-sounds-all-too-familiar-at-this-point/Pcgamer.com
Intel will reportedly fire fully 20% of its workforce and focus on 'engineering', a plan that sounds all too familiar at this point

Intel is reportedly planning to lay off 20 percent of its workforce, feeding recession fears

https://mashable.com/article/intel-20-percent-workforce-layoffsMashable.com
Intel is reportedly planning to lay off 20 percent of its workforce, feeding recession fears

Did Intel just announce layoffs without announcing layoffs?

https://www.theverge.com/intel/655947/did-intel-just-announce-layoffs-maybe-not-mass-layoffsTheverge.com
Did Intel just announce layoffs without announcing layoffs?

Intel issues weak guidance, says it will slash expenses this year

https://www.cnbc.com/2025/04/24/intel-intc-q1-2025-earnings-report.htmlCnbc.com
Intel issues weak guidance, says it will slash expenses this year

Intel beats on Q1 expectations, but poor Q2 forecast sends stock sliding

https://finance.yahoo.com/news/intel-beats-on-q1-expectations-but-poor-q2-forecast-sends-stock-sliding-192248720.htmlFinance.yahoo.com

Intel forecast falls short of estimates, fanning tariff worries

https://www.foxbusiness.com/technology/intel-forecast-falls-short-estimates-fanning-tariff-worriesFoxbusiness.com
Intel forecast falls short of estimates, fanning tariff worries

Intel drops 10% as looming tariff impacts overshadow strong earnings results

https://www.businessinsider.com/intel-stock-price-drops-trump-tariff-recession-trade-war-q1-earnings-2025-4Businessinsider.com
Intel drops 10% as looming tariff impacts overshadow strong earnings results

Related Topics

businessmarketstensionsstrategytensionintelcorporatetradeunited states of americamarketrestructuringearningstrade tensionstrade tensionartificial intelligencecorporate restructuringbusiness strategyuncertainq1 earnings

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