Intel Foundry cuts up to 20% of staff — more than 10 thousand employees will be laid off without «golden parachutes»

News IT business 06-18-2025 at 11:12 comment
Intel’s chip making business will soon experience rapid negative headcount growth. The reason is simple — a lack of money.

IBM launches «soft» return to offices program with relocation requirement, provoking layoffs in favor of AI

News IT business 02-13-2025 at 16:30 comment
IBM Corporation, one of the world’s largest computer and software manufacturers, has launched a «soft» return to office program that offers employees to do full-time work under the threat of dismissal.

Golden parachute: Intel gives up to €500,000 in severance pay for voluntary departures

News IT business 08-13-2024 at 10:36 comment
In Ireland, Intel has offered employees from the Leixlip team a severance package of up to €500 thousand for voluntary resignation. Recently, Intel announced that it would lay off 15% of its employees to cut costs.

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