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 ...

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

Bu Tan's "amazing story" days after demanding his resignation. Now, Intel and Cabinet officials have to come up with ...

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

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...

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

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...

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 ...

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the year with a “core workforce” of around 75,000 staff, which would mean it loses ...