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The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
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"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Intel is set to issue hundreds of layoff notices to Oregon employees this week as part of the company's new CEO's vision for a leaner, faster, and more efficient company.
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 announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
Intel is set to issue hundreds of layoff notices to Oregon employees this week, according to a WARN notice that was shared with staff on Monday. The notice impacts 529 employees at the following ...
A prominent Portland businessman says mass layoffs at Intel will have ripple effects throughout the entire state.