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Intel said Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024. The Santa Clara, Calif.-based chipmaker disclosed the layoff goals as it ...
Intel, one of Oregon’s largest for-profit employers, is laying off nearly 2,400 workers in the state starting Monday, the company said in a layoff notice filed with the state on Friday.
Intel shares (INTC) rose 3% in after-hours trading following the news, although it posted a quarterly net loss of $2.9 billion, nearly double its loss during the same period in the prior year. The ...
"The CEO of Intel is highly CONFLICTED and must resign, immediately," Mr. Trump posted on Truth Social, without providing additional details. "There is no other solution to this problem.
Intel’s potential exit from advanced manufacturing puts its Oregon future in doubt Updated: Aug. 01, 2025, 7:51 a.m. | Published: Jul. 29, 2025, 9:26 a.m.
Business Experts say Intel's CEO faces tough road but urge patience after Trump demands resignation Intel rejects Trump's call for CEO resignation, emphasizing U.S. investment and national security.
Intel announced further delays in the construction of its Ohio microchip factories. Planned Intel projects in Germany and Poland have been canceled. Gov. Mike DeWine says Intel is still committed ...