"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

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

The job cuts - a majority of which have been completed already - are part of an effort by Tan since he took the helm in March ...

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 ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...

Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts 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 plans more job cuts in July as part of ongoing workforce reduction efforts. expand. Intel Corp. reportedly will begin layoffs in mid-July as it seeks to build a leaner Intel Foundry division ...

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 ...