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"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...
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ExtremeTech on MSNIntel Plans Deep Job Cuts, Could Drop Chip ManufacturingIntel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion at one point, according to Reuters. Meanwhile, AMD is riding the AI wave 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 ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
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 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 company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...
Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.
NEW ALBANY, Ohio (WCMH) — Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division responsible for Ohio’s plant. According to ...
Chipmaker Intel Corp said on Thursday it expects its workforce to shrink by more than 25,000 employees this year as the ...
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