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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.
Last week, Intel issued a Worker Adjustment & Retraining Notification Act notice for 172 layoffs the corporation was planning ...
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Major chipmaker Intel appears to be undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler facility.
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
This years 40 under 40 event honors the rising entrepreneurs, influencers, creators, and executives that have shaped the bay ...
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.
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Even after big job reductions in 2024, it's been clear for months that more cuts were on the way under new Intel CEO Lip-Bu ...
Intel has decided to close down its automotive business, a decision that will lead to layoffs.