The tech industry continues to face significant workforce reductions in 2025, with over 62,000 employees laid off across ...

Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals. The company ...

Intel's CEO, Lip-Bu Tan, announced layoffs and a stricter RTO mandate in a Thursday memo. The company also reported flat revenue and a significant loss. Its stock was down after hours. Other tech ...

Investors applauded the news: Intel stock rose more than 15% the next day. Analysts liked Tan's experience as former CEO of Cadence Design Systems, a semiconductor design software company ...

Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan t o be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board ...

Intel is slashing 15% of its staff as part of a $10 billion plan to reduce costs, the tech company announced in its second-quarter earnings Thursday. “Simply put, we must align our cost ...

A Missouri-based pension fund is accusing Intel, in a class action lawsuit, of hiding problems about its in-house chips manufacturing business ahead of the company's reported net loss and mass ...

“We are going down the path of creating a subsidiary for Intel Foundry as part of the overall company,” said Chief Financial Officer David Zinsner, who became one of Intel’s two interim ...