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Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
This latest round of Intel layoffs comes on the heels of those at ODOT, amid a tough business environment in Oregon and ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
The number of layoffs have not been confirmed by Intel, but Patel noted that with a 10% reduction to the data center and client computing groups, it could be as much as 20% of the workforce being cut.
Wall Street is abuzz over news of sweeping Intel (NASDAQ:INTC) job cuts. What do you need to know about the latest Intel layoffs? Well, the tech giant announced this week that it will lay off ...
Intel is planning to slash 20% of its staff. The cuts come as the organization works to change its business strategy. The tech company recently hired a new CEO. A substantial lay off of employees ...
The appointment of Lip-Bu Tan as Intel's chief executive has generally pleased investors and financial analysts, but employees expressed mixed feelings following Tan's initial address, in which he ...
It cut down from 131,900 employees to 124,800 employees, a reduction of a little over 7,000 people. The previous largest round of layoffs happened in 2016, when the company laid off about 12,000 ...
Tan said in a memo Thursday that Intel employees would have to work four days per week in the office by September. Intel's data center group reported $4.1 billion in sales, up 8% from a year earlier.