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'Surgical' | Intel slashing workforce by 22% to cut costs and reshape strategy
Intel will reduce its workforce by 22% by year-end as CEO Lip Bu Tan pushes cost...
HR Grapevine
'Effort to rightsize' | Intel cuts auto unit jobs in cost-saving shake-up
Intel is shutting down its automotive unit and cutting jobs as it refocuses on core...
HR Grapevine
'Difficult but essential' | Intel to slash 20% of factory jobs in push for streamlined operations
Intel will cut up to a fifth of its factory workforce in July, as part of a broader...
HR Grapevine
20% cuts | New Intel CEO announces major layoffs to streamline operations
Intel is preparing to cut more than 20% of its workforce as part of a sweeping effort...
HR Grapevine
'Source of strength' | Caterpillar appoints former Intel CHRO amid DEI policy shift
Caterpillar has named Christy Pambianchi as its new Chief Human Resources Officer...
HR Grapevine
Central perk | Intel U-turns on free coffee for staff amid cost-cutting measures
Troubled chip-maker Intel is reinstating free coffee and tea offerings for employees...
HR Grapevine
'Hard but necessary' | Intel sheds 2,000 jobs as part of plan for 15,000 layoffs
Layoffs announced by Intel last summer are now underway as the company works to cut...
HR Grapevine
7% laid off | Cisco becomes latest business to cite AI amid layoffs—are workers really safe from the bots?
Cisco will cut 7% of its global workforce as it shifts focus to high-performance...
HR Grapevine
‘Resize and refocus’ | Intel announces 15,000 layoffs in plan to scrap 'non-essential work'
“This is a tough day for all of us and there will be more tough days ahead,”...
HR Grapevine
Ready for takeoff | Intel brings back 'Intel Air', its employee flight shuttle for inter-office commuting
Intel had shut down the employee shuttle service in March 2023 as a part of cost-cutting...
HR Grapevine
