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Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.
It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is ...
NEW ALBANY, Ohio (WCMH) — Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division responsible for Ohio‘s plant. According to ...
Intel Foundry has been the company’s least profitable division for some time, and is not expected to break even until 2027. Tan and other Intel executives have indicated these cuts will likely ...
NEW ALBANY, Ohio (WCMH) — Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division responsible for Ohio’s plant. According to ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker’s ...