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

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

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

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

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 ...

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

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

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

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

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