Intel posts flat Q1 2025 revenue, reduces capex and says expect job cuts in Q2

Intel posts flat Q1 2025 revenue, reduces capex and says expect job cuts in Q2

Intel CEO Lip-Bu Tan has said he plans to cut “unnecessary bureaucracy” and take the chipmaker back to its roots and “empower our engineers,” following the company posting flat year-over-year (YoY) revenue results for Q1 2025.

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https://www.datacenterdynamics.com/en/news/intel-posts-flat-q1-2025-revenue-reduces-capex-and-says-expect-job-cuts-in-q2/