Intel Layoffs April 2025. Tech layoffs Intel announces job cuts of 15,000 employees to save 10 billion by 2025 Tech Dell Technologies and Tesla have each announced major layoffs Intel now aims to trim $10 billion by the end of 2025, according to Gelsinger.
Intel plans major layoffs this month as PC sales nosedive Report from www.siasat.com
Intel's new CEO, Lip-Bu Tan, has taken charge just days ago and is already preparing to implement major changes CEO Pat Gelsinger addressed employees directly, acknowledging the company's need to adjust its cost structure and improve margins in response to market pressures.
Intel plans major layoffs this month as PC sales nosedive Report
Intel previously had a big round of layoffs in October 2022, when it also announced it would cut between $8 billion and $10 billion in costs every year through 2025 With a strategy rooted in revitalizing manufacturing, accelerating AI innovation and staging a fierce fightback against NVIDIA Intel previously had a big round of layoffs in October 2022, when it also announced it would cut between $8 billion and $10 billion in costs every year through 2025
Intel announced layoffs after its biggest quarterly loss in history • Mezha.Media. Intel previously had a big round of layoffs in October 2022, when it also announced it would cut between $8 billion and $10 billion in costs every year through 2025 In August 2024, Intel unveiled its restructuring strategy, targeting a 15% reduction in its global workforce
Intel plans major layoffs this month as PC sales nosedive Report. Under Gelsinger, Intel's headcount swelled by at least 20,000 employees, only for the company to later announce layoffs affecting over 15% of its workforce Intel faces headwinds on multiple fronts as it contends with a slowdown in PC and data markets and intense competition in artificial intelligence,