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Intel Corp is cutting more than 500 workers in Oregon as part of a layoff plan that’s ultimately expected to affect roughly ...
Intel (INTC) said it plans to start laying off hundreds of workers in Oregon as part of previously announced cuts under its restructuring plan. Shares of the embattled chipmaker jumped over 7% Tuesday ...
Reports of Intel layoffs have surfaced in recent weeks that rely on various company internal documents, but the official line ...
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel (INTC) plans to reduce its workforce in Oregon by 529 employees by July 15, in its initial wave of cuts that will eventually add up to thousands, according to The Oregonian.
Altera was acquired by Intel in 2015 as a way to advance its networking and particularly its telco networking business since ...
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
Even after big job reductions in 2024, it's been clear for months that more cuts were on the way under new Intel CEO Lip-Bu ...
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
Intel’s new CEO Lip-Bu Tan is reportedly considering a major change to Intel’s manufacturing division, including Ohio’s plant ...
In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...
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