Chipmaker Intel Corp said on Thursday it expects its workforce to shrink by more than 25,000 employees this year as the ...

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

The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...

In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...

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

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

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion at one point, according to Reuters. Meanwhile, AMD is riding the AI wave to ...

intel layoffs Intel to cut as many as 10,000 factory jobs, one of its largest-ever layoffs Massive layoffs hit foundry workforce in major restructuring By Skye Jacobs June 18, 2025 at 7:02 AM 16 ...

Jun. 25—Intel Corp. plans to lay off up to 20% of its manufacturing workers starting in July, but New Mexico officials have not yet sounded the alarm about a hit to the chipmaker's local ...