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Intel CEO calls for layoffs

Bay Area tech giant Intel's new CEO confirms layoffs, orders more in-office days

Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right its course.

USA Today · 1d

Intel CEO calls for layoffs as tech giant loses $821 million

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce specific layoff numbers.

Engadget · 9h

Intel confirms layoffs as it tries to 'make engineers more productive'

This will begin in Q2 and we will move as quickly as possible over the next several months." Intel has been downsizing significantly over the last few years. Just last August, the company said it would cut more than 15,

Intel plans ‘several months’ of job cuts

The Business Journals · 2h

New Intel CEO reveals changes, plans to cut workforce by 20%

Intel reported 1Q 2025 financial results. This follows a Bloomberg report April 22 explaining the tech giant plans to cut more than 20% of its staff, with a goal of improving company efficiency.

Sacramento Bee on MSN · 23h

Intel reports deepening losses. New CEO signals job cuts will continue

Intel’s new chief executive, looking to shore up finances and regain lost ground, announced Thursday that job reductions will continue and hybrid workers will be called back into the office for an additional day each week.

Oregonian · 1d

Intel plans ‘several months’ of job cuts as sales keep falling

New Intel CEO Lip-Bu Tan Thursday to expect “several months” of job cuts as the chipmaker works to buttress its finances amid falling sales. Workers should expect major operational changes beginning this spring,

Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture

When headcount becomes a KPI, bureaucracy grows and productivity stalls. Intel’s culture reset is a cautionary tale for every business leader.

ExtremeTech on MSN3m

Intel Faces Challenges as CEO Retools

New CEO Lip-Bu Tan hasn’t had time to make major changes to the company, and its flagship product, the vaunted 18A process, ...

Intel, TSMC leaders try to find area for 'collaborating.' What could it mean in Arizona?

Intel's new CEO confirms he met with executives who built and run Taiwan Semiconductor Manufacturing Co. Both companies are big Arizona chipmakers.

Intel slides as Wall Street digests 'no quick fixes'

Among investors, new Intel CEO Lip-Bu Tan's early plans don't translate into newfound hope for the chipmaker's prospects.

18h

Intel Stock Has Fallen Nearly 64% In 5 Years, Now CEO Lip-Bu Tan Says 'Clearly, There Are No Quick Fixes,' But Investors Should 'Stay Tuned'

Intel CEO Lip-Bu Tan says there are "no quick fixes" as the company works through a long-term turnaround strategy amid a 64% ...

10hon MSN

Intel CEO’s Bid to Revive Firm Overshadowed by Bleak Outlook

Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...

19h

Intel’s new CEO signals streamlining efforts but does not spell out exact layoff numbers

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.

15hon MSN

Intel offers weak forecast amid trade tensions as CEO talks to TSMC

Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO ...

5hon MSN

Intel stock slides, employees fret as turnaround prospects dim

New CEO Lip-Bu Tan plans major changes in the way Intel operates but hasn't made any significant changes in strategy.

2hon MSN

Intel CEO Lip-Bu Tan Says Hybrid Staff Must Return to Office 4 Days a Week by September, Signals...

Intel CEO Lip-Bu Tan announced Thursday that hybrid employees must return to the office at least four days a week by ...

5hon MSN

Intel shares fall as dour forecasts overshadow CEO's turnaround promises

Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan ...

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