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

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

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 CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

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

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.

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

Chipmaker Intel Corp said on Thursday it expects its workforce to shrink by more than 25,000 employees this year as the ...

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 ...

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

The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...