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Intel set to lay off around 10,000 workers — despite getting $2.2B in CHIPS Act funds under Biden
Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President ...
New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe technical ...
Intel Lay Offs Begin, Up to 20% of Its Factory Workforce May Be Cut Reports of lay offs from California and Oregon have arrived after a report in June said up to 11,000 factory worker's jobs are at ...
Intel reportedly preparing to lay off 21,000 workers - around 20% of its workforce It also laid off 15,000 workers less back in August 2024 CEO Lip-Bu Tan wants to address the company’s current ...
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