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

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

At least 1 in 5 NASA staff — mostly top scientists, engineers and senior managers — plan to announce their departure by a ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...