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

After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.

Intel continues to cut jobs. Despite the economic challenges it faces, Intel managed to post a flat year-over-year quarterly revenue, at $12.9 billion, however the period saw the ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

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 (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue results that exceeded analyst forecasts. However, the semiconductor giant ...

Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.

Intel shares jumped Tuesday following news the embattled chipmaker plans to slash hundreds of jobs as part of previously announced cuts under a broader restructuring effort. Monitor these major ...

Intel cuts more than 500 jobs in Oregon. By Kyra Buckley (OPB) July 8, 2025 6:10 p.m. Updated: July 12, 2025 1:21 a.m. The global semiconductor firm signaled earlier this year layoffs were coming.