Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.

Intel's chief executive Pat Gelsinger is taking the largest cut at 25%, while other higher-ups will have their salaries reduced by 5%, 10%, or 15%, per Reuters.

Intel appointed a new CEO this week after ousting Pat Gelsinger in late 2024, finally giving it a permanent chief executive. Lip-Bu Tan will take the helm of the tech giant, and he’ll be paid ...

If Intel CEO Lip-Bu Tan can grow the stock price the way company hopes, Intel’s market cap would swell from $104 billion to $312 billion, an analysis found.

(Bloomberg) -- Incoming Intel Corp. Chief Executive Officer Lip-Bu Tan, who was named to the position this week, will receive compensation valued at about $69 million if he reaches targets over ...

Intel Corp. awarded Chief Executive Officer Pat Gelsinger compensation last year that could be worth nearly $180 million, tying much of it to whether his sweeping turnaround effort at the chip ...

New Intel CEO Lip-Bu Tan will receive total compensation of $1 million in salary and about $66 million in stock options and grants vesting over the coming years, according to filing on Friday with ...

Intel lured new CEO Lip-Bu Tan with a package of stock grants and options valued at $66 million, plus $3 million in salary and cash bonuses, the chipmaker reported late Friday.. In addition, Tan ...

Intel CEO Pat Gelsinger and other managers are taking pay cuts, days after the company’s quarterly earnings disappointed Wall Street and spurred a credit-rating downgrade.