Intel is planning significant job cuts in its foundry division. The layoffs will affect thousands of employees globally. This ...

In a memo to employees, Intel Manufacturing Vice President Naga Chandrasekaran acknowledged the gravity of the decision. "These are difficult actions but essential to meet our ...

US tech giant Intel is reportedly planning to reduce its factory workforce by 15% to 20%, impacting its manufacturing ...

Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products.

Intel's upcoming 18A node and required cost-cutting moves look bullish for 2H2025 and 2026. Find out why INTC stock is a Buy.

Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division ...

That reduction will soon result in sizable layoffs at Intel Foundry, according to The Oregonian. The report is based on an ...

Amazon CEO Andy Jassy acknowledged in a Tuesday statement what many workers have been scared of: Artificial intelligence will ...

Analysts react to reports that Intel has plans in place to eliminate upwards of 20% of its factory workers beginning next month.

Intel announced the pending layoffs in April and notified factory workers last week that the cuts would begin next month.

Although the earlier report suggested 20% job cuts across all of Intel, the new one hints at 15-20% of the factory workforce.

Layoffs loom at Foundry biz despite CHIPS Act relief on the horizon Intel is reportedly set to shed 15 to 20 percent of its ...