Intel Corp. is slashing hundreds of jobs in Silicon Valley this month, adding to layoffs late last year that were part of previously announced cost-cutting.

Intel’s recent decision to cut over 15,000 jobs has sparked scrutiny from US lawmakers, particularly Republican Senator Rick Scott, who is questioning the company’s allocation of nearly $20 ...

Intel's announcement that it would cut 10,500 jobs in coming months did not provide the market a much-needed boost, as Intel's stock price tumbled amidst broader concerns of an interest rate ...

Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.

Pro Intel set for huge factory job cuts as it makes a major policy shift News By Craig Hale published 17 June 2025 ...

In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, are part of the company's $10 billion ...