Business ❯ Financial Performance

Losses

Operational Costs General Motors Revenue Decline Market Share Revenue Generation Investment Strategy Sales Performance Impact on Workforce Turnaround Strategies Government Contracts Stock Market Cash Flow Earnings Reports Sales Decline Anchor Brewing Cost Reduction Strategies Warner Bros. Games Market Confidence Cost Reduction WeWork Restructuring Costs Exceptional Losses Meta's Reality Labs Meta Platforms Inc. Fiscal Year Results XFL Crisis-hit Companies Rite Aid Investment in Autonomous Vehicles OpenAI Cruise Expenses Third Quarter 2022 Losses Shares Revenue Forecasting Cost-saving Measures Punishment Impairment Charges Xiaomi SU7 Labor Costs First-quarter Losses Depreciation Revenue Reversal Profit Performance Investment Strategies Revenue Growth Fiscal Year 2024 Debt Management Operating Income Sales Strategy Stellantis Financial Year 2023 Nissan Cost-Cutting Measures Market Value Operational Efficiency BrewDog Corporate Earnings Market Reactions Endless Shrimp Deal Investment in EVs Quarterly Earnings Model E Division Product Lines Revenue Models

Intel to Eliminate 584 Bay Area Positions in Mid-July Layoffs

The move implements CEO Lip-Bu Tan’s strategy to slash one-fifth of Intel’s global staff in response to steep losses from AI chip rivals.

Intel Moves to Slash 20% of Workforce With Over 600 U.S. Layoffs and Munich Chip Unit Closure