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Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
Intel is set to significantly increase its layoffs, with plans to cut approximately 2,400 jobs in Oregon, bringing the total ...
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...
Intel is set to escalate its layoffs, with a projected total of approximately 4000 job cuts by July, as part of a cost-cutting initiative led by new CEO Lip-Bu Tan.
Information about layoffs at Intel has leaked out. This time they concern one of the company's flagship businesses.
Intel’s CEO reportedly said the company is not in the top 10 semiconductor companies, fearing it is too far behind to catch up with industry leaders. According ...
According to a report from The Oregonian, Intel initially informed Oregon workforce officials of plans to cut more than 500 ...
Intel (INTC) has been ramping up its efforts to pick up the pieces after facing low sales and revenue for several financial quarters. The chipmaker has struggled to keep up with competitors, such as ...
The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg ...
Intel’s once-dominant position in chips now looks shaky as layoffs mount, divisions are sold, and competitors gain ground.
Intel has cut approximately 4,000 positions across the USA, including 2,392 jobs in Oregon, home to the company's largest US ...