"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 announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

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 ...

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 ...

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

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

COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...

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, ...

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its business around.

Intel says it plans to end some major projects and cut more than 30,000 jobs by the end of 2025, as the once-dominant ...

Chipmaker Intel Corp said on Thursday it expects its workforce to shrink by more than 25,000 employees this year as the ...