- Intel slashes a fifth of workforce as new CEO Tan Lip-bu ends . . .
The company will halt planned factories in Poland and Germany, and consolidate chip packaging operations in Vietnam and Malaysia
- Intel plans to layoff 24,000 employees in 2025 — it will also . . .
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects in Germany, Poland, the United States, and more
- Intel continues to pull back on its manufacturing projects
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year
- Intel cancels European fabs, delays US plant amid turnaround
PALO ALTO, California -- Intel will "no longer move forward" with planned chip manufacturing facilities in Germany and Poland and delay the construction of its Ohio fabs, the U S chipmaker said
- Intel Halts Germany, Poland Plants, Delays Ohio Factory as . . .
Aime Summary - Intel halts Germany Poland chip plants and delays $28B Ohio factory under CEO Gelsinger's efficiency-driven strategy - Company cancels 15% workforce reduction and streamlines supply chains by centralizing test operations in Vietnam Malaysia
- Intel announces more job cuts and drops projects in Europe in . . .
In addition, Intel will scrap previously planned projects in Germany and Poland and also move assembly and test operations in Costa Rica to larger sites in Vietnam and Malaysia
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