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    Home»News & Updates»Intel is laying off thousands of US workers in AI restructuring — CEO Lip-Bu Tan says it’s “too late” to catch up with the competition

    Intel is laying off thousands of US workers in AI restructuring — CEO Lip-Bu Tan says it’s “too late” to catch up with the competition

    July 17, 2025

    Intel CEO Lip-Bu Tan says it’s “too late” to catch up with its rivals in the AI sector, laying off thousands of US workers to reduce its expenses.

    Source: Read More / Windows Central

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