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Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. Learn more on INTC stock here.
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Intel reports earnings on Thursday and top-line revenue results might not be much of an indicator of the confused long-term state of the American icon. | At earnings, it isn’t clear if CEO Lip Bu Tan ...
Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...
Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
Despite laying off thousands, big tech companies are spending vast amounts to attract top AI talent, driving salaries to ...
Axe in the corridors Troubled Chipzilla is showing no mercy as it swings the axe on more than 5,000 employees across four US ...
Intel, the global semiconductor giant has announced a a wave of layoffs in July, with the total number of employees crossing ...
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
Intel says affected employees will receive severance packages and job placement assistance. However, the layoffs still represent over 10% of Intel’s Oregon workforce — a major blow to the local ...
Intel has initiated job cuts at its Fab 28 wafer fabrication plant in Kiryat Gat, Israel, marking the first time the facility ...
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