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Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.
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. This decision comes as Intel lags in the CPU and AI GPU markets, and ...
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 ...
Our sources tell us mostly back office staff were let go, and that the mood in the office is very pessimistic Intel has filed ...
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
This years 40 under 40 event honors the rising entrepreneurs, influencers, creators, and executives that have shaped the bay ...
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.
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.
Major chipmaker Intel appears to be undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler facility.
Intel is laying off more than four times as many people in Arizona as the company had originally announced last week.
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...