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

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 ...

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

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

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

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 said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

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

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

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

Intel‘s stock sank 9.3% Friday after it reported mixed financial results Thursday and revealed it would cut its workforce by 22% this year. That added to a decline from the day prior, before Intel ...

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