Intel Corp is poised to announce plans this week to cut more than 20 percent of its staff, aiming to eliminate bureaucracy at ...

INTEL Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the ...

The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already ...

Semiconductor giant Intel Corp. announced Monday that it will sell a 51% stake in its Altera business to private equity ...

FILE - The Intel logo is displayed on the exterior of Intel ... At the time, it was the biggest deal in Intel Corp.'s history. Recommended Videos Intel spun Altera off into an independent company ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

Intel announced Monday that it was selling the majority of its Altera chip business to technology investor Silver Lake in a deal valued at $8.75 billion.