"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...

COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...

Shares of Intel Corporation fell sharply on Friday, down 5.8% in Frankfurt and 4.6% in US after-hours trading, after the ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

In his Thursday, Aug. 1, letter to employees, Intel CEO Pat Gelsinger said the “painful” job cuts the company is making will deliver $10 billion in savings in 2025 and were necessary as the company’s ...

The pending layoffs appear to be less profound than those Intel implemented in 2016, wrenching cuts that cost 12,000 workers their jobs. But the layoffs could still have an outsized impact in ...