Intel will dismiss 24,000 employees, around 15% of its workforce, and is cancelling chip factory projects in Germany and ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

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

Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.

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 ...

Shares of Intel Corporation fell sharply on Friday, down 5.8% in Frankfurt and 4.6% in US after-hours trading, after the ...

Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...

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

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 the most significant restructurings i ...

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

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

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