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 ...

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 Corp.'s shares fell 8.5% as investors expressed concerns over new CEO Lip-Bu Tan's cost-cutting focus and cautious approach to technological advancement.

The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...

It gets a little harder each time to match state officials’ public optimism that Intel will live up to all its promises to Ohioans, when the news is that — again — the company is letting off the gas.

Intel shares are trading lower Friday morning. The stock is being hit by a combination of recent, disappointing corporate ...

It gets a little harder each time to match state officials’ public optimism that Intel will live up to all its promises to Ohioans, when the news is that — again — the company is letting off the gas.

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

Intel will dismiss 24,000 employees, around 15% of its workforce, and is cancelling chip factory projects in Germany and ...