Intel will slash 31% of its workforce and cancel projects in Europe and the U.S. as new CEO Lip-Bu Tan tries to revive the ...

New CEO Lip-Bu Tan said on Thursday the company's engineers were busy working with customers to jump-start its ...

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...

Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...

Intel will cut 15% of its workforce and scrap plans to spend tens of billions of dollars on new chip facilities in Europe, as it takes steps to revive its sagging fortunes.The chip-making giant said ...

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling ...

Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip-Bu Tan announced significant cuts in chip factory construction. The stock ...

Intel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more ...

Despite a flurry of actions this week to extend AI leadership, the White House is dismantling the very advantages that ...

Intel said it expects revenue for the third-quarter of $13.1 billion at the midpoint of its range, versus the average analyst ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker’s ...

Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024 ...