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Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chip maker.
Major chipmaker Intel appears to be undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler facility.
The number of planned layoffs at the Intel campus in Arizona has increased significantly. Last week, Intel issued a Worker Adjustment & Retraining Notification Act notice for 172 layoffs the ...
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Intel is laying off more than four times as many people in Arizona as the company had originally announced last week.
A similar wave of layoffs hit the East Valley plant late last year after the struggling chipmaker announced a significant reduction of its workforce worldwide.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
Intel is cutting 2,392 jobs in Oregon, with about 4,000 nationwide, mostly affecting technicians and engineers, despite ...