News

Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 3.2% in the morning session after Stifel raised its price ...
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.
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’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
President Donald Trump's job isn't to employ as many bureaucrats as possible. It's to deliver effective and efficient ...
Corporate earnings take center stage this week, with filings due from several leading U.S. firms, including Tesla, Google’s ...
Based on the California WARN filings, the job cuts in Santa Clara and Folsom have nearly doubled, totalling 1,935 employees.
Intel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu Tan admitted the company can no longer compete in high-end AI hardware and ...
The tech industry is undergoing one of its most turbulent years in recent memory. Just halfway through 2025, more than ...