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Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the company's latest financial results, that it plans to end the year with a ...
As top New Mexico lawmakers digest the implications of a federal budget bill signed this month by President Donald Trump, ...
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. Learn more on INTC stock here.
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
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