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In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around ...
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its ...
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