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.

Major layoffs for Intel have now come for their Rio Rancho location, where more than 200 people will lose their jobs in the ...

Also, another recent WARN notice shows that Intel has increased its planned layoffs in Arizona from 170 to almost 700. This new round of layoffs means Intel has cut over 20,000 jobs, a year after it ...

Intel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu Tan admitted the company can no longer compete in high-end AI hardware and ...

Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...

Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...

Intel’s stock dropped around 50% this year, in August Gelsinger announced 15,000 layoffs, and the company reported a record $16.6 billion quarterly loss in October — in part due to the costs ...

In the latest big tech layoff, Intel revealed that it is cutting 15,000 employees, representing 15% of the company’s total staff. In a memo to employees, CEO Pat Gelsinger blamed the decision on ...

Intel Monday announced CEO Pat Gelsinger has resigned after a difficult three-year stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed ...

It's Tan time: New Intel CEO faces first quarterly earnings. expand. Lip-Bu Tan was appointed chief executive officer of Intel Corp. on March 12. ... TSMC issues definitive statement on Intel JV ...