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Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
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Intel stock plunges after CEO's strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel plans to spin off its NEX unit into a new company; read the full memo sent to customers by Sachin Katti.
Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...
Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
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