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Intel stock falls after company details job, spending cuts
Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...
Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Intel Expects Work Force to Shrink by 25,000
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Paramount-Skydance merger, Intel job cuts & Amazon scam warning | Business News
The FCC approves the Paramount-Skydancer merger. Intel announces more job cuts amid steep revenue losses. Amazon warns Prime ...
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel cuts 15% of its staff as it pushes to make a comeback
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
Albuquerque Journal3d
Intel to cut 227 jobs at Rio Rancho plant, ending weeks of speculation
Intel Corp. will eliminate 227 positions at its Rio Rancho facility by September, according to a newly issued Worker ...
Intel cuts back spending, workforce as struggling chip maker mounts comeback
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes. In a memo to employees, CEO Lip-Bu Tan said Intel plans to end ...