Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

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

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it ...

Intel shares sank eight per cent on Friday after the company warned of exiting chip manufacturing if it fails to secure a ...

Santa Clara-based Intel is laying off about 25,000 workers. Here's the latest as the semiconductor giant watches its stock ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.