Intel wants to cut over 15 percent of jobs:
The semiconductor company Intel wants to lay off almost 15,000 employees after a disappointing quarter ...
faz.net/aktuell/wirtschaft/intel-will-ueber-15-prozent-der-stellen-streichen-19894488.html
Quick Glance: Intel to Cut Over 15% of Jobs
- Intel plans to part ways with around 15,000 employees, roughly 15% of the workforce.
- The layoffs are expected to be mostly completed by the end of this year as part of a cost-cutting program.
- Intel aims to reduce investments, eliminate dividends, and maintain long-term strategic investments.
- The company faces disappointment, declining stock prices, and a lag in AI initiatives compared to other chip providers.
Story Details
| Last Updated | Aug 05 |
| Total Articles | 164 |
Biden-Harris wasted $8.5 billion in taxpayer money to lose 15,000 jobs at Intel: Well, ladies and gentlemen: the chips are down — literally and figuratively.
nypost.com/2024/08/02/opinion/biden-harris-wasted-8-5-billion-in-taxpayer-money-to-lose-15000-jobs-at-intel/
Intel will cut 15,000 jobs, slashing costs as sales disappoint: “I have no illusions that the path in front of us will be easy," CEO Pat Gelsinger told ...
oregonlive.com/silicon-forest/2024/08/intel-will-cut-16000-jobs-after-more-disappointing-financial-results.html
Intel to cut 15,000 jobs after ‘disappointing’ second quarter results: Intel plans to cut 15,000 jobs, or about 15 percent of its workforce, CEO Pat Gelsinger ...
thehill.com/policy/technology/4807619-intel-to-cut-15000-jobs-after-disappointing-second-quarter-results/
Intel Confirms Major Round of Layoffs, Affecting Around 15,000 Jobs - IGN: Intel has confirmed rumors that it's laying off thousands of staff ...
ign.com/articles/intel-confirms-major-round-of-layoffs-affecting-around-15000-jobs
Intel execs admit they were caught off guard by business downturn, triggering historic cuts
oregonlive.com/silicon-forest/2024/08/intel-execs-admit-they-were-caught-off-guard-by-business-downturn-triggering-historic-cuts.html
Intel's stock drops 30% overnight —company sheds $39 billion in market cap: Intel capitalization drops by $39 billion overnight due to modest business outlook ...
tomshardware.com/pc-components/cpus/intels-stock-drops-30-overnight-company-sheds-dollar39-billion-in-market-cap
Intel loses $1.6 billion as data center CPU and foundry divisions struggle: Intel announces major cost-cutting plan to resize and refocus as it loses $1 ...
tomshardware.com/pc-components/cpus/intel-loses-dollar16-billion-as-data-center-cpus-and-foundry-struggles
Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet: Intel said on Thursday it would cut more than 15% of its workforce, some 17 ...
reuters.com/technology/intel-forecasts-third-quarter-revenue-below-estimates-cut-15-jobs-2024-08-01/
Intel to cut over 15,000 jobs as chip giant falls behind in AI race: Chipmaker lost business to rivals better equipped for the AI boom.
straitstimes.com/business/intel-to-cut-over-15000-jobs-as-chip-giant-struggles-to-turn-itself-around
Worries in Magdeburg - | Intel announces billion-dollar savings program: Intel reports a significant drop in profits. Because there is no improvement in sight ...
n-tv.de/mediathek/videos/wirtschaft/Sorgen-in-Magdeburg-Intel-kuendigt-milliardenschweres-Sparprogramm-an-article25132550.html
Intel lays off 15% of its staff and its stock tumbles as it struggles to turn around its ailing business
cnn.com/2024/08/01/business/intel-layoffs-chips/
Intel's stock price plunges 30%, most since at least 1982, on weak guidance: Intel's stock plunged Friday after the company announced plans to lay off 15 ...
markets.businessinsider.com/news/stocks/intel-stock-price-layoffs-weak-guidance-missed-analyst-estimates-semiconductors-2024-8
Group wants to cut costs: Are Intel's plans for a chip factory in Magdeburg in danger?
n-tv.de/wirtschaft/Sind-Intels-Plaene-fuer-Chipfabrik-in-Magdeburg-in-Gefahr-article25133530.html
Ziff Davis Aug 02
Intel's Day of Reckoning Arrives: 15,000 Jobs Will Be Eliminated: The company is taking drastic action to shore up its balance sheet and to become more agile in ...
extremetech.com/computing/intels-day-of-reckoning-arrives-15000-jobs-will-be-eliminated
Intel to layoff more than 15% of workforce — almost 20,000 employees — encountered Meteor Lake yield issues, suspends dividend
tomshardware.com/pc-components/cpus/intel-to-layoff-more-than-15-of-workforce-almost-20000-employees-encountered-meteor-lake-yield-issues-suspends-dividend
Intel to cut 15,000 jobs globally: Intel is to cut around 15,000 jobs globally, the equivalent of 15% of its workforce.
rte.ie/news/2024/0802/1463130-intel-jobs/
Intel to cut 15% jobs, suspend dividends as shares fall: Intel said it would cut more than 15% of its workforce and suspend its dividend starting in the fourth ...
rte.ie/news/business/2024/0801/1463117-intel-jobs/
Intel shares fall 20% on plans to cut 15,000 jobs: US chipmaker says it will also reduce capital spending as its turnaround strategy hits another setback
ft.com/content/166d25c5-5d26-4a3e-bd37-d4394306b596
Intel to cut thousands of workers as part of a massive restructuring: Intel said Thursday that it will reduce 15% of its workforce, as part of a massive ...
dispatch.com/story/news/2024/08/01/intel-layoffs-job-cuts-tech-company-2024-ohio/74638246007/
Intel will cut over 15,000 jobs amid struggles to turn itself around
nytimes.com/2024/08/01/technology/intel-layoffs-quarterly-report.html
Intel to cut 15% of workforce, reports quarterly guidance miss: Intel will say goodbye to 15,000 employees, cut capital expenditures and forgo a fourth-quarter ...
cnbc.com/2024/08/01/intel-intc-q2-earnings-report-2024.html
Tech giant Intel lays off 15 per cent of staff as it struggles to turn around ailing business
9news.com.au/world/tech-giant-intel-lay-off-15000-staff-15-per-cent-of-company-world-news/8d2ea65c-e960-4877-8651-f5208dc4475b
Intel to cut 15 per cent jobs, suspend dividend in turnaround push; shares plummet
asiaone.com/money/intel-cut-15-cent-jobs-suspend-dividend-turnaround-push-shares-plummet
Intel faces crisis as revenue misses and a bleak forecast shakes investor confidence
techspot.com/news/104099-intel-faces-crisis-revenue-misses-bleak-forecast-shakes.html
SeekingAlpha Aug 05
Intel: Buy When There Is Blood In The Streets: Intel Corporation's reorganization and cost cuts could lead to a rebound. Click here to read why it is the best ...
seekingalpha.com/article/4710447-intel-buy-when-there-is-blood-in-the-streets
Paid articlePaywall
Up to 15,000 jobs affected at Intel - | new plan as contract manufacturer: Up to 15,000 jobs are to be eliminated at Intel. The company wants to use the layoffs ...
it-business.de/intel-plant-entlassung-15000-jobs-betroffen-a-68623eae57bc20a410310442af51f6d1/
Gizmodo Aug 03
Intel Extends Warranty for 13th and 14th Gen CPUs Amid Chip Debacle: Intel is extending the warranty of its 13th and 14th Gen chips after ongoing chip ...
gizmodo.com/intel-extends-warranty-for-13th-and-14th-gen-cpus-amid-chip-debacle-2000482793
Intel will lay off at least 15,000 employees: An absolutely horrifying year for tech layoffs continues.
mashable.com/article/intel-layoffs-2024
SeekingAlpha Aug 05
Intel: Prospects Worse Than They Appear: Intel is facing challenges in its Data Center business and is heavily reliant on the CCG for revenue ...
seekingalpha.com/article/4710427-intel-prospects-worse-than-they-appear
Paid articlePaywall
Analysts revamp Intel stock price targets on post-earnings collapse: Intel could lose as much as $25 billion in market value today.
charlotteobserver.com/news/business/article290684769.html
Analysts revamp Intel stock price targets on post-earnings collapse
miamiherald.com/news/business/article290684769.html
Saudi Gazette/ Aug 03
Intel axes 15,000 jobs as stock markets slide: US chip maker Intel has said it plans to cut more than 15,000 job cuts as it seeks to revive the business and ...
saudigazette.com.sa/article/644608
Planned settlement in Magdeburg: Comment on Intel: No signs of withdrawal: The US chip giant Intel has prescribed a comprehensive radical cure for itself ...
volksstimme.de/sachsen-anhalt/kommentar-zu-intel-keine-anzeichen-fur-ruckzug-3892144
Intel stock falls 27% after missing revenue expectations: The chipmaker announced it is laying off more than 15% of its employees as part of cost-cutting plans
qz.com/intel-stock-falls-miss-revenue-layoffs-1851611949
Intel shares slump 26% as turnaround struggle deepens: Intel shares sank 26% on Friday in their worst day since 1974 after the chip manufacturer suspended its ...
reuters.com/technology/intel-shares-set-fall-most-24-years-it-struggles-with-turnaround-2024-08-02/
Intel Suffers Largest Stock Drop Since 1974: Intel experienced its largest single-day stock decline since July 1974, a dramatic response to the company's ...
riotimesonline.com/intel-suffers-largest-stock-drop-since-1974/
Intel’s Irish staff await news on how global job cuts will affect Leixlip operation
irishtimes.com/business/2024/08/02/intels-staff-at-irish-operation-await-news-on-jobs-cuts/
Intel was once a Silicon Valley leader. How did it fall so far?: The semiconductor manufacturer announced huge job cuts and a dividend pause after losing out on ...
vox.com/technology/364745/intel-nvidia-ai-silicon-valley-layoffs-stock-semiconductor
Intel is in the deep red: Without tax relief, the operating deficit will hit hard: Intel is making a billion-dollar loss and there is hardly any improvement in ...
heise.de/news/Intel-haengt-in-den-tiefroten-Zahlen-9822142.html
Intel crash: losses like not seen since 1982: Intel shares plunge to lowest level since 2013 after weak Q2 figures and dividend cut.
deraktionaer.de/artikel/medien-ittk-technologie/intel-crash-verluste-wie-seit-1982-nicht-mehr-20363458.html
Are Intel's plans in Magdeburg now in jeopardy?: Intel CEO Pat Gelsinger is putting all investment projects to the test. What will happen to the chip factory ...
wiwo.de/unternehmen/it/nach-miserablen-geschaeftszahlen-wackeln-jetzt-intels-plaene-in-magdeburg/29928168.html
Tech Times Aug 02
Intel to Be Hit With Class-Action Lawsuit for Raptor Lake, 13th and 14th Gen Chipsets—Why?
techtimes.com/articles/307009/20240802/intel-hit-class-action-lawsuit-raptor-lake-13th-14th-gen.htm
PocketGamer.biz Aug 02
Intel to lay off 15,000 staff as part of $10 billion cost savings plan: Intel will lay off approximately 15,000 staff as it enacts a new $10 billion cost saving ...
pocketgamer.biz/intel-to-lay-off-15000-staff-as-part-of-10-billion-cost-savings-plan/
Intel's Ugly Earnings Report is Bad News for Income Investors: Intel stock is sinking Friday after the tech giant's dismal earnings results ...
kiplinger.com/investing/stocks/intel-intc-ugly-earnings-report-is-bad-news-for-income-investors
AMD Seen Benefiting From Intel's Woes: Chipmaker AMD stands to gain market share thanks to Intel's latest misfortunes, analysts say ...
investors.com/news/technology/amd-stock-seen-gaining-intel-stock-plummets/
Intel Shares Freefall As American Chipmaking Giant Careens Toward Worst Day Ever: Intel is on track for one of its worst days in history and if losses hold it ...
forbes.com/sites/roberthart/2024/08/02/intel-shares-freefall-as-american-chipmaking-giant-careens-toward-worst-day-ever/
Chip manufacturer in crisis: Intel share price plummets: The price of Intel shares falls by more than 28 percent on Wall Street. The chip company is in a serious ...
spiegel.de/wirtschaft/intel-kurssturz-nach-bekanntgabe-von-verlusten-und-entlassungen-a-08e3c258-2893-4237-995a-60aef8fbbd31
Intel extends Raptor Lake CPU warranty by two years due to crashing issues: Amid high failure rates, Intel will offer two years of extended warranty for 13th- ...
techspot.com/news/104083-intel-extends-raptor-lake-cpu-warranty-two-years.html
Wccftech Aug 02
Intel Might Get NVIDIA As A Foundry Customer Soon, Likely To Produce 5000 H100 Wafers Per Month
wccftech.com/intel-nvidia-foundry-customer-to-produce-5000-h100-wafers-per-month/
Intel to cut 15,000 jobs as it tries to revive business, compete with rivals: Chipmaker Intel says it is cutting 15 percent of its huge workforce — about 15 ...
english.alarabiya.net/business/technology/2024/08/02/intel-to-cut-15-000-jobs-as-it-tries-to-revive-business-compete-with-rivals
Intel makes good on CPU instability issues by extending warranties by two years: Intel's Core 13th and 14th-gen processors have serious instability issues.
engadget.com/intel-makes-good-on-cpu-instability-issues-by-extending-warranties-by-two-years-130010567.html
Chip manufacturer Intel announces tough austerity measures and job cuts: The US company wants to cut more than 15 percent of its jobs worldwide ...
diepresse.com/18725225/chiphersteller-intel-kuendigt-harten-sparkurs-und-jobabbau-an
Semiconductor company in crisis: Intel's "incredibly hard day": The semiconductor supplier is cutting 15,000 jobs and suffering a stock market crash ...
faz.net/aktuell/wirtschaft/unternehmen/halbleiterkonzern-in-krise-intels-unglaublich-harter-tag-19896042.html
Paid articlePaywall
Intel misses the AI trend and cuts thousands of jobs: The US chip manufacturer Intel is in crisis and has to save ten billion US dollars ...
stern.de/wirtschaft/intel-verpennt-ki-trend-und-streicht-tausende-stellen--34940948.html
SeekingAlpha Aug 02
Wall Street Breakfast Podcast: Intel Dives On Weak Results, Guidance: Intel crashes as Q2 results, guidance miss expectations; lays off 15% of staff ...
seekingalpha.com/article/4709644-wall-street-breakfast-podcast-intel-dives-on-weak-results-guidance
Intel to lay off nearly 17,500 workers, suspend dividend in turnaround push: Intel, which employed 116,500 people as of June 29, excluding some subsidiaries ...
business-standard.com/world-news/intel-to-cut-more-than-15-jobs-suspend-dividend-in-turnaround-push-124080200076_1.html
Intel unveils plans to axe 15% of workforce in cost saving initiative: The company also issued a revenue warning for the third quarter of the year ...
euronews.com/business/2024/08/02/intel-unveils-plans-to-axe-15-of-workforce-in-cost-saving-initiative
Intel says "painful" decision to cut 15,000 jobs is one of the "most consequential changes in its history"
eurogamer.net/intel-says-painful-decision-to-cut-15000-jobs-is-one-of-the-most-consequential-changes-in-its-history
Intel will cut 15% of its workforce, about 15,000 workers | NEWS.am TECH - Innovations and science
tech.news.am/eng/news/4021/intel-will-cut-15-of-its-workforce-about-15000-workers.html
Intel Lunar Lake is 'almost entirely' outsourced as Panther Lake and Clearwater Forest get powered on
tomshardware.com/pc-components/cpus/intel-lunar-lake-is-almost-entirely-outsourced-as-panther-lake-and-clearwater-forest-get-powered-on
Cost brake: Intel cuts 15 percent of jobs: Intel once dominated the chip business. But now the industry pioneer has to put the brakes on costs ...
heise.de/news/Kostenbremse-Intel-streicht-15-Prozent-der-Arbeitsplaetze-9821637.html
Intel’s drastic cuts will not fix its fundamental flaws: Production issues and strategic mis-steps allowed rivals to charge ahead
ft.com/content/f18a35c6-8053-4fde-87b8-a0e2a84307c5
What is going wrong for Intel?: The giant chipmaker has shed $40bn in market value in a day
economist.com/business/2024/08/02/what-is-going-wrong-for-intel
Paid articlePaywall
Intel to fire over 17,000 employees, suspend dividend as growth stalls : Intel said on Thursday (Aug 1) it would cut more than 15 per cent of its workforce ...
wionews.com/business-economy/intel-to-fire-over-17000-employees-suspend-dividend-as-growth-stalls-746491
Intel plans to cut over 15% of jobs: US chip-maker Intel on Thursday announced that it is planning on reducing its workforce by 15% as part of a cost-cutting ...
nordot.app/1191960794494190346
Khaleej Times Aug 02
Intel to lay off over 17,000 people as shares plummet - News | Khaleej Times: The company which employed 116,500 people as of June 29, said the majority of the ...
khaleejtimes.com/jobs/intel-to-lay-off-over-17000-people-as-shares-plummet
Intel: The chip manufacturer wants to cut over 15 percent of jobs: Intel boss Pat Gelsinger is reacting to the poor quarterly figures with a billion-dollar ...
tagesanzeiger.ch/massiver-stellenabbau-bei-intel-982433304797
Share price continues to fall: Intel will lay off more than 15,000 people - | Golem.de
golem.de/news/aktienkurs-faellt-weiter-intel-wird-mehr-als-15-000-menschen-entlassen-2408-187673.html
Intel shares punished: Intel wants to cut countless jobs!: The struggling semiconductor pioneer Intel is resorting to drastic job cuts in order to quickly reduce ...
finanzen.net/nachricht/aktien/streichungen-intel-aktie-wird-zweistellig-fallen-gelassen-intel-plant-massiven-stellenabbau-13726518
t3n.de Aug 02
Intel cuts 15,000 jobs: What does that mean for the plans in Magdeburg?: Intel once dominated the chip business. But now the industry pioneer has to put the ...
t3n.de/news/intel-streicht-15000-arbeitsplaetze-magdeburg-zukunft-1638866/
Intel cuts 15 percent of jobs - | Zofinger Tagblatt: Intel cuts 15 percent of jobs
zofingertagblatt.ch/chip-geschaeft-intel-streicht-15-prozent-der-arbeitsplaetze/
Intel slashes 15,000 jobs in major restructuring effort to save $10 Billion by 2025
financialexpress.com/life/technology-intel-slashes-15000-jobs-in-major-restructuring-effort-to-save-10-billion-by-2025-3571808/
stadt-bremerhaven.de Aug 02
Intel lays off more than 15 percent of its workforce: Intel has announced its figures for the second fiscal quarter, which again do not look particularly good ...
stadt-bremerhaven.de/intel-entlaesst-mehr-als-15-prozent-der-belegschaft/
Intel to cut 15% of jobs and suspend dividend: Chip giant undershoots profit and sales forecasts for second quarter and disappoints in outlook
irishtimes.com/business/2024/08/01/intel-to-cut-15-of-jobs-and-suspend-dividend/
Intell layoffs: US chipmaker to cut over 15,000 jobs to reduce costs and fund turnaround
gulfnews.com/business/retail/intell-layoffs-us-chipmaker-to-cut-over-15000-jobs-to-reduce-costs-and-fund-turnaround-1.1722568618245
Wccftech Aug 02
Intel’s 18A Panther Lake For Client & Clearwater Forest For Servers Booted Up, 80+ Lunar Lake…
wccftech.com/intel-18a-panther-lake-client-clearwater-forest-servers-booted-lunar-lake-copilot-pcs-shipping-this-quarter/
Intel to cut roughly 15,000 jobs to try to turn its business around: Chipmaker Intel says it is cutting 15% of its massive workforce — about 15 ...
apnews.com/article/intel-chip-ai-job-cuts-layoffs-loss-e61781e9364b69af63481c34ca5dcd67
Intel to lay off 15,000 employees in $10B cost-cutting bid: Intel said Thursday it would cut 15,000 jobs, or 15% of its workforce, as part of a $10 billion ...
nydailynews.com/2024/08/01/intel-layoffs-15000-employees-stock/
Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals
ctvnews.ca/business/chipmaker-intel-to-cut-15-000-jobs-as-tries-to-revive-its-business-and-compete-with-rivals-1.6986482
It’s time for Nvidia to replace Intel in the Dow: Intel is missing out on one of the biggest booms in semiconductors, while Nvidia embodies where the chip sector ...
marketwatch.com/story/its-time-for-nvidia-to-replace-intel-in-the-dow-05dcb2cd
More articles on this subject
Previous
Biden-Harris wasted $8.5 billion in taxpayer money to lose 15,000 jobs at Intel: Well, ladies and gentlemen: the chips are down — literally and figuratively.
nypost.com/2024/08/02/opinion/biden-harris-wasted-8-5-billion-in-taxpayer-money-to-lose-15000-jobs-at-intel/
Intel will cut 15,000 jobs, slashing costs as sales disappoint: “I have no illusions that the path in front of us will be easy," CEO Pat Gelsinger told ...
oregonlive.com/silicon-forest/2024/08/intel-will-cut-16000-jobs-after-more-disappointing-financial-results.html
Intel to cut 15,000 jobs after ‘disappointing’ second quarter results: Intel plans to cut 15,000 jobs, or about 15 percent of its workforce, CEO Pat Gelsinger ...
thehill.com/policy/technology/4807619-intel-to-cut-15000-jobs-after-disappointing-second-quarter-results/
Intel Confirms Major Round of Layoffs, Affecting Around 15,000 Jobs - IGN: Intel has confirmed rumors that it's laying off thousands of staff ...
ign.com/articles/intel-confirms-major-round-of-layoffs-affecting-around-15000-jobs
Intel execs admit they were caught off guard by business downturn, triggering historic cuts
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Intel wants to cut over 15 percent of jobs: The semiconductor company Intel wants to lay off almost 15,000 employees after a disappointing quarter ...
faz.net/aktuell/wirtschaft/intel-will-ueber-15-prozent-der-stellen-streichen-19894488.html
Intel's stock drops 30% overnight —company sheds $39 billion in market cap: Intel capitalization drops by $39 billion overnight due to modest business outlook ...
tomshardware.com/pc-components/cpus/intels-stock-drops-30-overnight-company-sheds-dollar39-billion-in-market-cap
Intel loses $1.6 billion as data center CPU and foundry divisions struggle: Intel announces major cost-cutting plan to resize and refocus as it loses $1 ...
tomshardware.com/pc-components/cpus/intel-loses-dollar16-billion-as-data-center-cpus-and-foundry-struggles
Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet: Intel said on Thursday it would cut more than 15% of its workforce, some 17 ...
reuters.com/technology/intel-forecasts-third-quarter-revenue-below-estimates-cut-15-jobs-2024-08-01/
Intel to cut over 15,000 jobs as chip giant falls behind in AI race: Chipmaker lost business to rivals better equipped for the AI boom.
straitstimes.com/business/intel-to-cut-over-15000-jobs-as-chip-giant-struggles-to-turn-itself-around
Worries in Magdeburg - | Intel announces billion-dollar savings program: Intel reports a significant drop in profits. Because there is no improvement in sight ...
n-tv.de/mediathek/videos/wirtschaft/Sorgen-in-Magdeburg-Intel-kuendigt-milliardenschweres-Sparprogramm-an-article25132550.html
Intel lays off 15% of its staff and its stock tumbles as it struggles to turn around its ailing business
cnn.com/2024/08/01/business/intel-layoffs-chips/
Intel's stock price plunges 30%, most since at least 1982, on weak guidance: Intel's stock plunged Friday after the company announced plans to lay off 15 ...
markets.businessinsider.com/news/stocks/intel-stock-price-layoffs-weak-guidance-missed-analyst-estimates-semiconductors-2024-8
Group wants to cut costs: Are Intel's plans for a chip factory in Magdeburg in danger?
n-tv.de/wirtschaft/Sind-Intels-Plaene-fuer-Chipfabrik-in-Magdeburg-in-Gefahr-article25133530.html
Ziff Davis Aug 02
Intel's Day of Reckoning Arrives: 15,000 Jobs Will Be Eliminated: The company is taking drastic action to shore up its balance sheet and to become more agile in ...
extremetech.com/computing/intels-day-of-reckoning-arrives-15000-jobs-will-be-eliminated
Intel to layoff more than 15% of workforce — almost 20,000 employees — encountered Meteor Lake yield issues, suspends dividend
tomshardware.com/pc-components/cpus/intel-to-layoff-more-than-15-of-workforce-almost-20000-employees-encountered-meteor-lake-yield-issues-suspends-dividend
Intel to cut 15,000 jobs globally: Intel is to cut around 15,000 jobs globally, the equivalent of 15% of its workforce.
rte.ie/news/2024/0802/1463130-intel-jobs/
Intel to cut 15% jobs, suspend dividends as shares fall: Intel said it would cut more than 15% of its workforce and suspend its dividend starting in the fourth ...
rte.ie/news/business/2024/0801/1463117-intel-jobs/
Intel shares fall 20% on plans to cut 15,000 jobs: US chipmaker says it will also reduce capital spending as its turnaround strategy hits another setback
ft.com/content/166d25c5-5d26-4a3e-bd37-d4394306b596
Intel to cut thousands of workers as part of a massive restructuring: Intel said Thursday that it will reduce 15% of its workforce, as part of a massive ...
dispatch.com/story/news/2024/08/01/intel-layoffs-job-cuts-tech-company-2024-ohio/74638246007/
Intel will cut over 15,000 jobs amid struggles to turn itself around
nytimes.com/2024/08/01/technology/intel-layoffs-quarterly-report.html
Intel to cut 15% of workforce, reports quarterly guidance miss: Intel will say goodbye to 15,000 employees, cut capital expenditures and forgo a fourth-quarter ...
cnbc.com/2024/08/01/intel-intc-q2-earnings-report-2024.html
Tech giant Intel lays off 15 per cent of staff as it struggles to turn around ailing business
9news.com.au/world/tech-giant-intel-lay-off-15000-staff-15-per-cent-of-company-world-news/8d2ea65c-e960-4877-8651-f5208dc4475b
Intel to cut 15 per cent jobs, suspend dividend in turnaround push; shares plummet
asiaone.com/money/intel-cut-15-cent-jobs-suspend-dividend-turnaround-push-shares-plummet
Intel faces crisis as revenue misses and a bleak forecast shakes investor confidence
techspot.com/news/104099-intel-faces-crisis-revenue-misses-bleak-forecast-shakes.html
SeekingAlpha Aug 05
Intel: Buy When There Is Blood In The Streets: Intel Corporation's reorganization and cost cuts could lead to a rebound. Click here to read why it is the best ...
seekingalpha.com/article/4710447-intel-buy-when-there-is-blood-in-the-streets
Paid articlePaywall Up to 15,000 jobs affected at Intel - | new plan as contract manufacturer: Up to 15,000 jobs are to be eliminated at Intel. The company wants to use the layoffs ...
it-business.de/intel-plant-entlassung-15000-jobs-betroffen-a-68623eae57bc20a410310442af51f6d1/
Gizmodo Aug 03
Intel Extends Warranty for 13th and 14th Gen CPUs Amid Chip Debacle: Intel is extending the warranty of its 13th and 14th Gen chips after ongoing chip ...
gizmodo.com/intel-extends-warranty-for-13th-and-14th-gen-cpus-amid-chip-debacle-2000482793
Intel will lay off at least 15,000 employees: An absolutely horrifying year for tech layoffs continues.
mashable.com/article/intel-layoffs-2024
SeekingAlpha Aug 05
Intel: Prospects Worse Than They Appear: Intel is facing challenges in its Data Center business and is heavily reliant on the CCG for revenue ...
seekingalpha.com/article/4710427-intel-prospects-worse-than-they-appear
Paid articlePaywall Analysts revamp Intel stock price targets on post-earnings collapse: Intel could lose as much as $25 billion in market value today.
charlotteobserver.com/news/business/article290684769.html
Analysts revamp Intel stock price targets on post-earnings collapse
miamiherald.com/news/business/article290684769.html
Saudi Gazette/ Aug 03
Intel axes 15,000 jobs as stock markets slide: US chip maker Intel has said it plans to cut more than 15,000 job cuts as it seeks to revive the business and ...
saudigazette.com.sa/article/644608
Planned settlement in Magdeburg: Comment on Intel: No signs of withdrawal: The US chip giant Intel has prescribed a comprehensive radical cure for itself ...
volksstimme.de/sachsen-anhalt/kommentar-zu-intel-keine-anzeichen-fur-ruckzug-3892144
Intel stock falls 27% after missing revenue expectations: The chipmaker announced it is laying off more than 15% of its employees as part of cost-cutting plans
qz.com/intel-stock-falls-miss-revenue-layoffs-1851611949
Intel shares slump 26% as turnaround struggle deepens: Intel shares sank 26% on Friday in their worst day since 1974 after the chip manufacturer suspended its ...
reuters.com/technology/intel-shares-set-fall-most-24-years-it-struggles-with-turnaround-2024-08-02/
Intel Suffers Largest Stock Drop Since 1974: Intel experienced its largest single-day stock decline since July 1974, a dramatic response to the company's ...
riotimesonline.com/intel-suffers-largest-stock-drop-since-1974/
Intel’s Irish staff await news on how global job cuts will affect Leixlip operation
irishtimes.com/business/2024/08/02/intels-staff-at-irish-operation-await-news-on-jobs-cuts/
Intel was once a Silicon Valley leader. How did it fall so far?: The semiconductor manufacturer announced huge job cuts and a dividend pause after losing out on ...
vox.com/technology/364745/intel-nvidia-ai-silicon-valley-layoffs-stock-semiconductor
Intel is in the deep red: Without tax relief, the operating deficit will hit hard: Intel is making a billion-dollar loss and there is hardly any improvement in ...
heise.de/news/Intel-haengt-in-den-tiefroten-Zahlen-9822142.html
Intel crash: losses like not seen since 1982: Intel shares plunge to lowest level since 2013 after weak Q2 figures and dividend cut.
deraktionaer.de/artikel/medien-ittk-technologie/intel-crash-verluste-wie-seit-1982-nicht-mehr-20363458.html
Are Intel's plans in Magdeburg now in jeopardy?: Intel CEO Pat Gelsinger is putting all investment projects to the test. What will happen to the chip factory ...
wiwo.de/unternehmen/it/nach-miserablen-geschaeftszahlen-wackeln-jetzt-intels-plaene-in-magdeburg/29928168.html
Tech Times Aug 02
Intel to Be Hit With Class-Action Lawsuit for Raptor Lake, 13th and 14th Gen Chipsets—Why?
techtimes.com/articles/307009/20240802/intel-hit-class-action-lawsuit-raptor-lake-13th-14th-gen.htm
PocketGamer.biz Aug 02
Intel to lay off 15,000 staff as part of $10 billion cost savings plan: Intel will lay off approximately 15,000 staff as it enacts a new $10 billion cost saving ...
pocketgamer.biz/intel-to-lay-off-15000-staff-as-part-of-10-billion-cost-savings-plan/
Intel's Ugly Earnings Report is Bad News for Income Investors: Intel stock is sinking Friday after the tech giant's dismal earnings results ...
kiplinger.com/investing/stocks/intel-intc-ugly-earnings-report-is-bad-news-for-income-investors
AMD Seen Benefiting From Intel's Woes: Chipmaker AMD stands to gain market share thanks to Intel's latest misfortunes, analysts say ...
investors.com/news/technology/amd-stock-seen-gaining-intel-stock-plummets/
Intel Shares Freefall As American Chipmaking Giant Careens Toward Worst Day Ever: Intel is on track for one of its worst days in history and if losses hold it ...
forbes.com/sites/roberthart/2024/08/02/intel-shares-freefall-as-american-chipmaking-giant-careens-toward-worst-day-ever/
Chip manufacturer in crisis: Intel share price plummets: The price of Intel shares falls by more than 28 percent on Wall Street. The chip company is in a serious ...
spiegel.de/wirtschaft/intel-kurssturz-nach-bekanntgabe-von-verlusten-und-entlassungen-a-08e3c258-2893-4237-995a-60aef8fbbd31
Intel extends Raptor Lake CPU warranty by two years due to crashing issues: Amid high failure rates, Intel will offer two years of extended warranty for 13th- ...
techspot.com/news/104083-intel-extends-raptor-lake-cpu-warranty-two-years.html
Wccftech Aug 02
Intel Might Get NVIDIA As A Foundry Customer Soon, Likely To Produce 5000 H100 Wafers Per Month
wccftech.com/intel-nvidia-foundry-customer-to-produce-5000-h100-wafers-per-month/
Intel to cut 15,000 jobs as it tries to revive business, compete with rivals: Chipmaker Intel says it is cutting 15 percent of its huge workforce — about 15 ...
english.alarabiya.net/business/technology/2024/08/02/intel-to-cut-15-000-jobs-as-it-tries-to-revive-business-compete-with-rivals
Intel makes good on CPU instability issues by extending warranties by two years: Intel's Core 13th and 14th-gen processors have serious instability issues.
engadget.com/intel-makes-good-on-cpu-instability-issues-by-extending-warranties-by-two-years-130010567.html
Chip manufacturer Intel announces tough austerity measures and job cuts: The US company wants to cut more than 15 percent of its jobs worldwide ...
diepresse.com/18725225/chiphersteller-intel-kuendigt-harten-sparkurs-und-jobabbau-an
Semiconductor company in crisis: Intel's "incredibly hard day": The semiconductor supplier is cutting 15,000 jobs and suffering a stock market crash ...
faz.net/aktuell/wirtschaft/unternehmen/halbleiterkonzern-in-krise-intels-unglaublich-harter-tag-19896042.html
Paid articlePaywallIntel misses the AI trend and cuts thousands of jobs: The US chip manufacturer Intel is in crisis and has to save ten billion US dollars ...
stern.de/wirtschaft/intel-verpennt-ki-trend-und-streicht-tausende-stellen--34940948.html
SeekingAlpha Aug 02
Wall Street Breakfast Podcast: Intel Dives On Weak Results, Guidance: Intel crashes as Q2 results, guidance miss expectations; lays off 15% of staff ...
seekingalpha.com/article/4709644-wall-street-breakfast-podcast-intel-dives-on-weak-results-guidance
Intel to lay off nearly 17,500 workers, suspend dividend in turnaround push: Intel, which employed 116,500 people as of June 29, excluding some subsidiaries ...
business-standard.com/world-news/intel-to-cut-more-than-15-jobs-suspend-dividend-in-turnaround-push-124080200076_1.html
Intel unveils plans to axe 15% of workforce in cost saving initiative: The company also issued a revenue warning for the third quarter of the year ...
euronews.com/business/2024/08/02/intel-unveils-plans-to-axe-15-of-workforce-in-cost-saving-initiative
Intel says "painful" decision to cut 15,000 jobs is one of the "most consequential changes in its history"
eurogamer.net/intel-says-painful-decision-to-cut-15000-jobs-is-one-of-the-most-consequential-changes-in-its-history
Intel will cut 15% of its workforce, about 15,000 workers | NEWS.am TECH - Innovations and science
tech.news.am/eng/news/4021/intel-will-cut-15-of-its-workforce-about-15000-workers.html
Intel Lunar Lake is 'almost entirely' outsourced as Panther Lake and Clearwater Forest get powered on
tomshardware.com/pc-components/cpus/intel-lunar-lake-is-almost-entirely-outsourced-as-panther-lake-and-clearwater-forest-get-powered-on
Cost brake: Intel cuts 15 percent of jobs: Intel once dominated the chip business. But now the industry pioneer has to put the brakes on costs ...
heise.de/news/Kostenbremse-Intel-streicht-15-Prozent-der-Arbeitsplaetze-9821637.html
Intel’s drastic cuts will not fix its fundamental flaws: Production issues and strategic mis-steps allowed rivals to charge ahead
ft.com/content/f18a35c6-8053-4fde-87b8-a0e2a84307c5
What is going wrong for Intel?: The giant chipmaker has shed $40bn in market value in a day
economist.com/business/2024/08/02/what-is-going-wrong-for-intel
Paid articlePaywallIntel to fire over 17,000 employees, suspend dividend as growth stalls : Intel said on Thursday (Aug 1) it would cut more than 15 per cent of its workforce ...
wionews.com/business-economy/intel-to-fire-over-17000-employees-suspend-dividend-as-growth-stalls-746491
Intel plans to cut over 15% of jobs: US chip-maker Intel on Thursday announced that it is planning on reducing its workforce by 15% as part of a cost-cutting ...
nordot.app/1191960794494190346
Khaleej Times Aug 02
Intel to lay off over 17,000 people as shares plummet - News | Khaleej Times: The company which employed 116,500 people as of June 29, said the majority of the ...
khaleejtimes.com/jobs/intel-to-lay-off-over-17000-people-as-shares-plummet
Intel: The chip manufacturer wants to cut over 15 percent of jobs: Intel boss Pat Gelsinger is reacting to the poor quarterly figures with a billion-dollar ...
tagesanzeiger.ch/massiver-stellenabbau-bei-intel-982433304797
Share price continues to fall: Intel will lay off more than 15,000 people - | Golem.de
golem.de/news/aktienkurs-faellt-weiter-intel-wird-mehr-als-15-000-menschen-entlassen-2408-187673.html
Intel shares punished: Intel wants to cut countless jobs!: The struggling semiconductor pioneer Intel is resorting to drastic job cuts in order to quickly reduce ...
finanzen.net/nachricht/aktien/streichungen-intel-aktie-wird-zweistellig-fallen-gelassen-intel-plant-massiven-stellenabbau-13726518
t3n.de Aug 02
Intel cuts 15,000 jobs: What does that mean for the plans in Magdeburg?: Intel once dominated the chip business. But now the industry pioneer has to put the ...
t3n.de/news/intel-streicht-15000-arbeitsplaetze-magdeburg-zukunft-1638866/
Intel cuts 15 percent of jobs - | Zofinger Tagblatt: Intel cuts 15 percent of jobs
zofingertagblatt.ch/chip-geschaeft-intel-streicht-15-prozent-der-arbeitsplaetze/
Intel slashes 15,000 jobs in major restructuring effort to save $10 Billion by 2025
financialexpress.com/life/technology-intel-slashes-15000-jobs-in-major-restructuring-effort-to-save-10-billion-by-2025-3571808/
stadt-bremerhaven.de Aug 02
Intel lays off more than 15 percent of its workforce: Intel has announced its figures for the second fiscal quarter, which again do not look particularly good ...
stadt-bremerhaven.de/intel-entlaesst-mehr-als-15-prozent-der-belegschaft/
Intel to cut 15% of jobs and suspend dividend: Chip giant undershoots profit and sales forecasts for second quarter and disappoints in outlook
irishtimes.com/business/2024/08/01/intel-to-cut-15-of-jobs-and-suspend-dividend/
Intell layoffs: US chipmaker to cut over 15,000 jobs to reduce costs and fund turnaround
gulfnews.com/business/retail/intell-layoffs-us-chipmaker-to-cut-over-15000-jobs-to-reduce-costs-and-fund-turnaround-1.1722568618245
Wccftech Aug 02
Intel’s 18A Panther Lake For Client & Clearwater Forest For Servers Booted Up, 80+ Lunar Lake…
wccftech.com/intel-18a-panther-lake-client-clearwater-forest-servers-booted-lunar-lake-copilot-pcs-shipping-this-quarter/
Intel to cut roughly 15,000 jobs to try to turn its business around: Chipmaker Intel says it is cutting 15% of its massive workforce — about 15 ...
apnews.com/article/intel-chip-ai-job-cuts-layoffs-loss-e61781e9364b69af63481c34ca5dcd67
Intel to lay off 15,000 employees in $10B cost-cutting bid: Intel said Thursday it would cut 15,000 jobs, or 15% of its workforce, as part of a $10 billion ...
nydailynews.com/2024/08/01/intel-layoffs-15000-employees-stock/
Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals
ctvnews.ca/business/chipmaker-intel-to-cut-15-000-jobs-as-tries-to-revive-its-business-and-compete-with-rivals-1.6986482
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