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

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 provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.

Intel plans over 2,300 job cuts in Oregon, part of a global restructuring to become leaner amid intense AI competition.

Intel shares jumped Tuesday following news the embattled chipmaker plans to slash hundreds of jobs as part of ... Watch These Intel Price Levels as Stock Pops After Chipmaker Announces Job Cuts. By.

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 announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...

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

The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

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 ...