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Intel plans to lay off approximately 5,000 employees, primarily in California and Oregon, as part of a broader cost-cutting initiative.
This latest round of layoffs means Intel has shed over 20,000 staff in a year after it announced 16,000 redundancies in ...
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
While Intel's new CEO Lip-Bu Tan is still pondering how to find a path forward for its foundry business, US-based ...
Intel Corp. has made its third wave of layoff announcements in three weeks. Intel plans major layoffs, report says CEO Lip-Bu ...
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.
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Intel’s (INTC) decision to spin out its AI robotics division, RealSense, marks another strategic move in the chipmaker’s ...
Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...
Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...
Intel stock was dropping as layoff notices suggest hundreds of engineers and technicians are among those set to lose their ...
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...