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Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...
The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
Three senior executives in Intel's manufacturing operations are set to retire, Intel told Reuters, as new CEO Lip-Bu Tan ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Intel notified California officials last week that it would lay off a little over 100 workers at its Silicon Valley headquarters and more than 100 others at its site in Folsom. It hasn’t yet ...
Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...
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