Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

Intel is cutting 24,000 jobs and cancelling major factory projects in Germany, Poland, and Costa Rica as part of a major ...

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

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

In a letter to employees, Intel’s new CEO Lip-Bu Tan acknowledged the difficult period the company is going through.

Intel plans to withdraw from Germany, Poland, and Costa Rica, reducing its workforce by a third to around 75,000 by the end of 2025.

Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it struggles to compete with AI chip leader Nvidia and regain its edge in the rapidly ...