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

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 ...

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

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 ...

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

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

The cuts come as Intel continues yo work on its $28 billion investment in Licking County where it is building two factories that will have 3,000 workers. Intel had 124,800 workers as of the end of ...

Intel (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue results that exceeded analyst forecasts. However, the semiconductor giant ...

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 ...

Intel plans yet another round of job cuts this summer, ... Ohio and Oregon. The company is in line for $11 billion dollars in federal loans, too, and billions more in tax credits. ...

Intel announced it will reduce its workforce by at least 15%, with most cuts coming by the end of the year. Report: Intel plans 'to eliminate thousands of jobs' Two Portland-area heavyweights on S ...