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    Intel Tan semiconductor layoffs

    Intel Plans Historic 20% Workforce Cut Amid Strategic Overhaul

    April 23, 2025 • 1 min read

    Intel is preparing to announce over 20,000 job cuts globally this week as new CEO Lip-Bu Tan aims to streamline operations and restore engineering focus. The semiconductor giant's dramatic restructuring follows declining sales, losses, and mounting competitive pressures in the AI chip market.

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    TI CHIPS Act Utah semiconductor

    Texas Instruments Cuts Jobs in Utah Despite Receiving $1.6B in CHIPS Act Funding

    March 30, 2025 • 1 min read

    Texas Instruments has laid off workers at its Lehi, Utah facility just months after receiving $1.61 billion in federal CHIPS funding and breaking ground on a new semiconductor plant. The company maintains its long-term expansion plans remain unchanged despite declining sales and the workforce reduction.

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