Diabytes
Intel News
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Intel is set to cut over 25,000 jobs in 2025 as part of a major reset, aiming to bring its workforce down to 75,000. Despite the changes, the company remains optimistic about its upcoming revenue.
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Intel’s job cuts have doubled in California, affecting 1,935 employees across Santa Clara and Folsom. Meanwhile, 2,392 workers have reportedly been laid off in Hillsboro, Oregon, and another 696 in Chandler, Arizona. These figures were revealed in an internal email dated July 9, cited by Manufacturing Dive.
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The layoffs are part of a larger restructuring plan under Intel’s new CEO, Lip-Bu Tan, who is working to cut costs and streamline operations. W
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Intel has announced its third round of layoffs within a year. This time targeting its global foundry operations.
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Intel Layoffs 2025: Intel has not disclosed the exact number of affected employees, it stated that these measures are necessary to improve its financial position.
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Several major global companies, including Amazon, Morgan Stanley and Goldman Sachs, are planning massive job cuts in 2025 as they focus on reducing costs and streamlining operations in the artificial intelligence (AI) era.
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As part of its broader cost-cutting strategy, Intel focused on reducing expenditures across various non-essential areas.
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AI chip giant Nvidia reported $30 billion in revenue for the second quarter that ended July 28, up 15 percent from the previous quarter and up 122 percent from a year ago.
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The report suggests that Intel is considering a range of options such as splitting its product design and manufacturing division and determining which factory projects might need to be shut down.
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Gelsinger is confident that the company can improve its technology and has launched a plan to build factories that will produce semiconductors for other chipmakers.
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Avtar Saini was a 68-year-old resident of suburban Chembur.
Avtar Saini was the former Intel India country head.
He lost his life in a fatal cycling accident in Navi Mumbai.
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The accident took place at around 5.50 am on Wednesday, when Saini (68) was riding a bicycle along with fellow cyclists on the Palm Beach Road in Nerul area, an official said.
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Intel's consumer chips witnessed 33 percent gains ($8.8 billion revenue) and the company saw “record performance notebook shipments in the quarter.”
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The new portfolio comes equipped with the advanced OMEN Tempest Cooling feature that ensures intense cooling even during top titles gameplay and multi-applications workload.
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IMS, which was acquired by Intel in 2015, makes equipment that is critical for companies that make chips.
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Intel co-founder, Silicon Valley pioneer Gordon Moore die at 94 at Hawaii, USA.
Intel Corp announces the sad news on Twitter.
Tim Cook says 'the world lost a giant in Gordon Moore' in his condolence message.
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This segment of DNA brings you information related to today's history.
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Intel to hike prices on a broad range of its products
The hike will include products like chips for wifi and other connectivity
Supply shortage will continue untill 2024
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The company said that the price point it is aiming to bring is below Rs 30,000 and Acer believes this is a unique offering at a price point which "we don't see any other competing models which are made in India".
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