The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global silicon boom.

This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the company’s top job in March, replacing former head honcho Pat Gelsinger in an ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

There has been a lot of misinformation,” the Intel CEO told his employees. “I have always operated within the highest legal and ethical standards.” ...

Intel layoffs personnel from Fab 28 Intel has started issuing pre-dismissal notices to workers, signaling the start of layoffs that will affect several parts of its Israeli operations, reports ...

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.

Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s local workforce appears to have fallen under 18,000, the lowest point in ...