Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

Global semiconductor giant Intel is implementing a significant restructuring plan, resulting in over 5,000 layoffs across US ...

Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know new CEO Lip Bu-Tan's plans ...

Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.

Intel’s sweeping layoffs highlight a dramatic push to cut costs and streamline operations as it battles to reclaim lost ...

The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...

US chip giant Intel has launched a major downsizing campaign in Israel, slashing jobs and scaling back operations at its ...

Intel has initiated job cuts at its Fab 28 wafer fabrication plant in Kiryat Gat, Israel, marking the first time the facility ...

Intel is laying off over 500 workers in Oregon, with more global cuts expected as the chipmaker undergoes a major restructuring under new CEO Lip-Bu Tan.