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

Major U.S. equities indexes edged higher to wrap up a week that featured a pile of major earnings reports. The S&P 500 ...

Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several ...

Intel’s project in Ohio is being pushed back again. In a news release sent out by CEO Lip-Bu Tan, he said Intel will be ...

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

Tech companies are slashing jobs and pouring billions into AI, but early results suggest the payoff may fall short of the ...

Intel announced during the presentation of its quarterly figures that it will lay off approximately 24,000 employees this ...

Intel said on Thursday it is laying off 15 per cent of its workforce and new CEO Lip Bu Tan presented a blueprint for a more ...

Intel is undergoing significant layoffs, confirming plans to reduce its workforce by over 24,000 jobs by the end of 2025 as ...

Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...