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A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
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Chipmaker Intel is planning to fire over 5,500 employees across various states in the United States, according to filings ...
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
After laying off 500 employees just last week, Intel is reportedly preparing to cut 2,500 more jobs from its Oregon office. In the next few weeks, the company is expected to fire around 4,000 of its ...
Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Axe in the corridors Troubled Chipzilla is showing no mercy as it swings the axe on more than 5,000 employees across four US states in its latest bid to slash costs. Manufacturing Dive first spotted ...