Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

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 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 ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.

COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...

Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.

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