Intel reportedly to slash more than 20% of its workforce amid latest restructuring

Intel Corp. is planning to announce cuts to more than 20% of its workforce this week, Bloomberg News reported Tuesday night, in what would be the the first major restructuring under new Chief Executive Lip-Bu Tan.

Apr 23, 2025 - 02:36
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Intel reportedly to slash more than 20% of its workforce amid latest restructuring
Intel Corp. is planning to announce cuts to more than 20% of its workforce this week, Bloomberg News reported Tuesday night, in what would be the the first major restructuring under new Chief Executive Lip-Bu Tan.