(Bloomberg) -- Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with ...

Intel (INTC) stock rose roughly 5.5% on Wednesday after a report from Bloomberg late Tuesday said the chipmaker plans to cut 20% of its workforce. The report comes just a day before the chipmaker ...

Intel plans to eliminate 20,000 jobs or more across the company, Bloomberg reported Tuesday night, citing an anonymous source familiar with the chipmaker’s plans. The cutbacks would follow ...

While specific layoff numbers haven't been released, reports suggest they could exceed 20% of Intel's global workforce. Intel Corp. plans employment reductions and a tighter return-to-work policy ...

New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday.

Image source: Intel. The reason to buy Intel In short, investors should buy Intel because of its valuation. In this case, the "valuation" does not come from the metrics one might initially assume ...

TAIPEI/SAN FRANCISCO/NEW YORK (Reuters) - Intel (INTC) has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive ...

Intel has significant growth opportunities due to the rising demand for AI chips and its strategic advantage in producing chips in its own foundries. Despite recent underperformance, Intel's ...

Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter ...