Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its ...

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 Corp. tumbled in late trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes. In a memo to employees, CEO Lip-Bu Tan said Intel plans to end ...

Intel (INTC) reported its second quarter earnings after the bell on Thursday, beating on revenue but missing on earnings per ...

Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...

During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the end of 2025.

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

After a deluge of Oregonians reported issues receiving paid leave or unemployment benefits from the Oregon Employment ...

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 ...