Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, ...

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

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 CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...

Intel is preparing to lay off around 5,500 employees across the United States as part of a sweeping cost-cutting exercise under new CEO Lip-Bu Tan. This new round of job cuts, which spans engineers, ...

Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...

Intel plans to lay off over 5,500 employees across the US, with teams in California and Oregon set to see the most job cuts.

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.

Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...