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Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined ...

During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.

Shares of Intel Corp. INTC shed 3.66% to $22.63 Thursday, on what proved to be an all-around mixed trading session for the stock market, with the S&P 500 Index SPX rising 0.07% to 6,363.35 and the ...

Intel beat Wall Street revenue expectations but posted an unexpected loss due to charges related to streamlining. The company, under new CEO Lip-Bu Tan, is taking decisive action to get costs in ...

Intel posted a steep earnings miss in Q2 2025, swinging to a GAAP loss of $ (0.67) per share and non-GAAP loss of $ (0.10) — far below Wall Street’s expectation of $0.01 profit.

A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it manufactured chips for outside customers, leading to a $32 billion one ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of short-term profits.

Intel, the ailing semiconductor giant, said on Thursday that it expected its work force to shrink by more than 25,000 employees this year as the company continues searching for a turnaround.

New York (CNN) — Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround. The layoffs, tucked ...