2025-04-25
Intel confirms layoffs as it tries to 'make engineers more productive'
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs. It was reported this week that the company could lay off around 20 percent of staff (it had 108,900 employees at the end of last year). In a memo, new CEO Lip-Bu Tan declined to detail the extent of the downsizing, which is largely aimed at reducing "unnecessary bureaucracy" and layers of middle management.
"I’m a big believer in the philosophy that the best leaders get the most done [...]
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2025-02-28
Intel once again delays its long-awaited Ohio chip fabrication facilities
Intel announced that it's further delaying plans to open two chip fabrication facilities in Ohio, pushing their completion out to 2030. The company originally announced its plans for Ohio in 2022 [...]
2025-04-23
Intel may be preparing to lay off 20 percent of its staff
Intel is reportedly preparing to further reduce its headcount, this time by laying off more than 20 percent of its employees. It could announce a plan to do so as soon as this week. The struggling com [...]
2025-01-06
Intel unveils Arrow Lake AI chips for gaming laptops at CES 2025
Intel is revving up its AI chip lineup at CES 2025. Today, the company unveiled the Core Ultra 200H chips for "performance thin and light" notebooks, alongside the Core Ultra 200HX chips for [...]
2025-04-14
Intel is selling off a majority stake in chip-maker Altera for $4.46 billion
Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the company. The 51 percent stake sold today for $4.46 billion in a deal that [...]