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

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

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

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

Intel will dismiss 24,000 employees, around 15% of its workforce, and is cancelling chip factory projects in Germany and ...

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...

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

Intel is preparing to lay off nearly a quarter of its workforce, around 24,000 employees, by the end of 2025. It is one of the most significant restructurings i ...

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...

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

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

Intel has confirmed plans to cut over 25,000 jobs by the end of 2025 as part of a major restructuring under CEO Lip-Bu Tan.