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The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
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Q2 2025 Management View CEO Lip-Bu Tan stated that "we had a solid Q2 with revenue above the high end of our guidance," emphasizing strong demand and team execution. He noted headline profitability ...
Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several ...
The company has sold off various sectors of its business and is restructuring its stuff, which left this quarter its Q2 2025 in a questionable state.
Intel Corporation INTC reported mixed second-quarter 2025 results, with revenues beating the Zacks Consensus Estimate but the ...
Intel is continuing to (aggressively) cut its workforce, with plans to cull 30% of its global workforce down from 90,000 to ...
Intel stock drops nearly 9% after Q2 earnings miss and major layoffs. Here’s what investors need to know as summer leads to ...
Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...
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