Intel is cutting 103 jobs in its Data Center and AI Group, its fastest-growing division, effective August 15, according to TrendForce and confirmed by Benzinga. The division posted $5.05 billion in Q1…
Intel is cutting an undisclosed number of jobs in its Data Center and AI Group, the division responsible for Xeon server processors and AI chips, despite the unit posting $5.05 billion in Q1 2026 reve…
Intel is preparing new job cuts in its Data Center and AI Group, the latest in a years-long reduction that has eliminated about 40% of its workforce, dropping global headcount from roughly 132,000 in …
Intel confirmed layoffs in its Data Center and AI Group on July 21, two days before its Q2 earnings call, even as the unit posted $5.05 billion in revenue last quarter, up 22% year-over-year. CEO Lip-…
Intel is cutting more jobs in its Data Center and AI Group as part of a restructuring effort to boost efficiency, despite the unit posting $5.1 billion in revenue in Q1 2026, up 22% year-over-year. CE…