Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring ...

The Intel Corp. is laying off 110 of its employees in Austin as it embarks on a plan to cut as much as 20% of its giant ...

The company alerted the Texas Workforce Commission on Wednesday and confirmed it would be laying off 110 people in Austin on ...

Intel’s sweeping layoffs highlight a dramatic push to cut costs and streamline operations as it battles to reclaim lost ...

Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

Intel's CEO and its executive leadership team are taking pay cuts of up to 25%, as the company attempts to navigate a shaky economy and avoid further layoffs, Reuters reported.

Intel has announced plans to lay off approximately 15,000 employees by the end of this year as part of a broader strategy to cut costs. This reduction is equivalent to about 15% of the company’s ...

Intel has initiated job cuts at its Fab 28 wafer fabrication plant in Kiryat Gat, Israel, marking the first time the facility ...

Intel plans a fresh wave of layoffs in the wake of a steep decline in revenue over the last six months. The chipmaker, Oregon’s largest corporate employer, blames a weak global economy.

The layoffs aren’t going to be pleasant, but they’re a sign that Intel’s management is doing what’s needed to turn the company around and rebuild confidence in INTC stock investors.