"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 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 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 provided more detail about the scope of its planned job cuts and other business changes while sharing its second-quarter earnings results. Reports in April suggested that Intel could eliminate ...

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 ...

Intel plans over 2,300 job cuts in Oregon, part of a global restructuring to become leaner amid intense AI competition.

Jun. 25—Intel Corp. plans to lay off up to 20% of its manufacturing workers starting in July, but New Mexico officials have not yet sounded the alarm about a hit to the chipmaker's local operations.

The spokesperson would not confirm or deny the reported Foundry cuts, but Intel CEO Lip-Bu Tan announced in April that an undisclosed number of layoffs would happen this year, likely by the end of ...