The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...

Intel is preparing to lay off nearly a quarter of its workforce, around 24,000 employees, by the end of 2025. It is one of ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...

Intel Corp.'s shares fell 8.5% as investors expressed concerns over new CEO Lip-Bu Tan's cost-cutting focus and cautious approach to technological advancement.

Intel plans to cut even more workers by the end of the year. Its most recent quarterly revenue was better than anticipated.

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is ...

Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...

Intel CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.

Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a ...

There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...