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Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
In a fresh round of job cuts, US chipmaker Intel is preparing to lay off approximately 5,500 employees across multiple states ...
Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible, writes columnist Jon Talton.
Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
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Intel has been the worst offender in terms of layoffs this calendar year. According to a Bloomberg report, the company announced plans to let go of 20 percent of its workforce. With 1,08,900 employees ...
According to a report from The Oregonian, Intel initially informed Oregon workforce officials of plans to cut more than 500 ...
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Bu Tan, has announced that the company is no longer among the world's top 10 semiconductor firms due to increasing competition and customer dissatisfaction.