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The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its ...
Intel stock drops nearly 9% after Q2 earnings miss and major layoffs. Here’s what investors need to know as summer leads to ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan emphasized the need for time to enhance competitive positioning and ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel has announced another major round of layoffs. The company now expects to end 2025 with approximately 75,000 core ...
Layoffs are going on in many global tech giants since many months, one more company's name has been added into it.
Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a ...
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Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
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