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'Painful news to share' says Intel CEO Pat Gelsinger as company prepares to lay off thousands of employees
Chipmaker Intel has revealed plans to reduce its workforce by 15 percent and the decision could imp…
Intel plunges 30%, most since 1982, after announcing layoffs and weak guidance
Intel's stock plunged Friday after the company announced plans to lay off 15,000 workers.
Kelly Cloonan
Intel shareholders accuse company of hiding problems about its in-house chips manufacturing business ahead of announced layoffs and poor earnings
Intel shareholders accused the company of hiding problems about its in-house foundry business in a …
Lloyd Lee
'No warning, no explanation': Former Microsoft India employee talks about his layoff experience
A former Microsoft India employee, laid off abruptly in 2005, shared his experience on LinkedIn. He…
Get ready for nasty layoffs and say goodbye to the 4-day workweek
Economic concerns could push CEOs to conduct layoffs and cut back on perks like remote work.
Tim Paradis
Google's layoffs already impacted its culture. Now they're affecting its bottom line.
In today's big story, we're looking at highlights from two of the world's biggest tech companies' e…
Dan DeFrancesco
Intel plans major layoffs this month as PC sales nosedive: Report
Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its …
Intel's CEO will take a 25% pay cut, as the company attempts to compete with global chip manufacturers and prevent further layoffs
Intel CEO will Pat Gelsinger will take a salary reduction alongside other higher-ups, as the tech g…
Aidan Pollard
Chipmaker Intel is planning massive layoffs that are likely to affect thousands of jobs as demand dwindles and the US imposes new curbs against China: report
The news comes amid a steep erosion of demand for processors for PCs and an industry-wide sell-off …
Nidhi Pandurangi
Meta employees are bracing for possible layoffs as growth slows and spending on the metaverse soars
Meta burned $4 billion on the metaverse this quarter and Mark Zuckerberg vowed Wednesday to spend b…
Avery Hartmans
Insiders describe 'complete chaos' at Oracle following layoffs and restructuring
Inside Oracle's layoffs, potentially impacting thousands — those who haven't yet been laid of…
Jordan Parker Erb
Satya Nadella-run Microsoft becomes the first tech giant to lay off employees
"Today we had a small number of role eliminations. Like all companies, we evaluate our business pri…
Big Tech reshaped immigration policy to recruit global talent. The newest wave of layoffs have left those immigrant workers stranded.
Outdated immigration policy and tech company layoffs have led to many H-1B visa holders scrambling …
Isaiah Reynolds
Intel and other chipmakers may skip big layoffs because it might be cheaper to keep headcount high than to hire workers again later when demand returns, analyst says
While the tech market is bracing for a demand slump, chipmakers were already struggling with the in…
Benjamin Pimentel
India sees second wave of layoffs and pay cuts as companies grapple with COVID-19 pandemic
From hospitality, fitness to the aviation industry, the jobs scenario looks bleak and the situation…
Election whale trade — Bank of America equities shakeup — Charles Schwab layoffs
Mysterious bullish election bets; Charles Schwab layoffs; WeWork tells members to pay up; Bank of …
Meredith Mazzilli
Intel, Amazon, Twitter, and other companies looking for software developers in India right now
Every week Business Insider India curates a list of job opportunities available at top tech orga…
Intel CEO confirms layoffs as he acknowledges the need to keep up with pace of change
Perhaps in a way to hide its mounting loss in mobile, Intel combined the PC and mobile groups under…
Eugene Kim
Intel CEO tells upset employees facing layoffs 'This is the way a meritocracy works'
The report says employees have been complaining about the way Intel laid off some people based on "…
Eugene Kim
Intel Is Shutting Down A Plant In Massachusetts And Laying Off 700 People
The factory was originally built by a company called Digital Equipment Corp, which has long since c…