BUSINESSJul 21 · 14:20 UTCBUSINESS INSIDERNatalie Musumeci ([email protected])

Intel plans layoffs within its data center group

Intel is planning layoffs within its data center group as part of a broader effort to become 'more focused and efficient.' The company has reduced its workforce in recent years, including over 5,000 factory worker layoffs in 2023 and more than 15,000 job cuts in August 2024 for cost savings.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

IntelorganizationLip-Bu TanpersonBusiness InsiderorganizationThe Oregonianorganizationdata center grouptopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSMay 21 · 00:36 UTC
Intuit to lay off over 3k employees to refocus on AI
BUSINESSJul 1 · 09:29 UTC
Microsoft is reportedly planning thousands of layoffs as it spends on AI
TECHNOLOGYMay 14 · 18:32 UTC
Cisco, LinkedIn to cut thousands of jobs in latest tech layoffs
BUSINESSJun 29 · 21:23 UTC
Central Texas leaders warn AI-driven layoffs could signal broader job losses
BUSINESSApr 15 · 16:24 UTC
Snap is laying off 16 percent of its workforce, blames AI