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In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of ...
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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 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 ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel is cutting tens of thousands of employees, cutting investment around the world, and moving away from entire businesses ...
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