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In the latest sign of ongoing struggles Intel, one of the semiconductor giant’s spinoff companies has announced dozens of Bay ...
In April, Intel announced the sale of a 51% stake in Altera to private equity firm Silver Lake, valuing the company at $8.75 ...
Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that would employ 3,000 workers, and on an assembly and test facility that would ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
In 2025, global tech giants are slashing tens of thousands of jobs as they are restructuring their businesses for an ...
Earlier this month the semiconductor chip maker Intel announced it would layoff nearly 2,400 workers in Washington County, amounting to about 10% of its overall workforce. Nonetheless, the company ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...
When Intel has cut jobs in previous years, including mass layoffs in 2024, the company announced targets for how many jobs it planned to cut and how much it expected to save. This time is different.
Intel boss Lip-Bu Tan reportedly has an appointment at the White House today, just days after President Donald Trump called ...