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In a news blog on the company's official website posted on July 14, CEO Brian Niccol unveiled the latest phase of his "Back ...
Intel is set to slash nearly 4,000 jobs across the US, with the deepest cuts — 2,400 positions — in Oregon alone. The layoffs ...
Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...
In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 ...
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
The Intel Corp. is laying off 110 of its employees in Austin as it embarks on a plan to cut as much as 20% of its giant ...
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 ...
The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two people familiar with the matter told Reuters.
SAN FRANCISCO (Reuters) -Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a ...
Intel's ex-CEO Pat Gelsinger says his decision to step down was 'extremely difficult' and that he wasn't given the opportunity to finish what he started.
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce specific layoff numbers.
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