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Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
According to recent WARN notices, Intel also increased its planned layoffs in Arizona, California, Oregon, and Texas. The ...
Recent data, underscored by workforce researcher Amanda Goodall on X, illustrates the scale of the fallout: 13,470 layoffs in ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes.
Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a ...
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
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 faces earnings pressure from restructuring and slow progress but shows long-term turnaround potential with CapEx cuts.
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