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This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
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Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
Intel said it expects revenue for the third-quarter of $13.1 billion at the midpoint of its range, versus the average analyst ...
Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to ...
Intel INTC reported first-quarter revenue of $12.7 billion, flattish year over year but toward the high end of guidance, while gross margin exceeded guidance. Second-quarter revenue is expected to ...
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Intel (INTC): Buy, Sell, or Hold Post Q1 Earnings?
Intel has been a great trade, beating the S&P 500 by 14.9%. Its stock price has climbed to $23.42, representing a healthy 22% increase. This was partly due to its solid quarterly results, and the ...
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