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Bengaluru’s tech hubs show early signs of rental slowdown, prompting investor caution and shifting focus away from IT corridors ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, a potentially drastic move by the new CEO to cut spending and revive ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of short-term profits.
Intel has confirmed plans to lay off nearly 4,000 employees nationwide, including in California, Arizona, and Texas.
Intel cuts back spending, workforce as struggling chip maker mounts comeback Intel helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp.
Intel is cutting 24,000 jobs and cancelling major factory projects in Germany, Poland, and Costa Rica as part of a major restructuring plan to cut costs and focus on core business.
Intel, the ailing semiconductor giant, said on Thursday that it expected its work force to shrink by more than 25,000 employees this year as the company continues searching for a turnaround.
In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer enough. Strong PC shipments by manufacturers looking to get ahead of ...
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge — or is it a risky bet?
Intel's Chip Contracting Plan in Spotlight on Earnings Day By Arsheeya Bajwa (Reuters) -Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know new CEO Lip ...