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 ...

The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg report suggested the company would slash more than 20% of the workforce. Intel ...

Investors will be questioning the chip maker’s strategy for the future more than worrying about its second-quarter earnings ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

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

There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...