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Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
Intel Corp. gave a stronger-than-anticipated revenue forecast for the current period, offering investors a glimmer of hope as ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Analysts think Intel’s commentary signaled openness to cutting its foundry business later on, but for now there’s uncertainty ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
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 ...
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