Intel has reported its second-quarter earnings, surpassing revenue expectations but falling short on earnings per share (EPS), primarily due to impairment charges. The company also announced a significant reduction in its workforce, planning to cut 15% of its employees and bring the total headcount to approximately 75,000 by the end of 2025. Additionally, Intel has canceled factory expansion projects in Germany and Poland and will slow down the construction of its facility in Ohio.
25 Jul 2025-11:36
