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

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

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

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 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 ...

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

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 ...

COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...

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

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

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