Intel to shed at least 15% of staff, will outsource more to TSMC, slash $10B in costs
Share price in meltdown as Pat hopes buyers, investors, board can wait for 2026 turnaround Analysis Intel plans to layoff more than 16,000 staff, or at least 15 percent of its workforce, with most cuts coming by the end of the year as the x86 giant scrambles to get its finances under control....