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Intel announced during the presentation of its quarterly figures that it will lay off approximately 24,000 employees this ...
The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...
Shares of Intel were down 5.8% in Frankfurt on Friday after the company said it expects steeper losses than Wall Street ...
Intel (NASDAQ: INTC) has signaled it may exit the advanced chip manufacturing business if it fails to secure major external ...
Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica
Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes. In a memo to employees, CEO Lip-Bu Tan said Intel plans to end ...
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 Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
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