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

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

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 told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

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

LONDON (Reuters) -Shares of Intel were down 5.8% in Frankfurt on Friday after the company said it expects steeper losses than ...

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...

The FCC approves the Paramount-Skydancer merger. Intel announces more job cuts amid steep revenue losses. Amazon warns Prime ...

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.

Intel Corp. will eliminate 227 positions at its Rio Rancho facility by September, according to a newly issued Worker ...

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...