Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...

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

Intel is cutting 24,000 jobs and cancelling major factory projects in Germany, Poland, and Costa Rica as part of a major ...

Intel CEO Lip-Bu Tan sent a memo to employees Thursday informing them of significant ongoing layoffs and other cost-cutting ...

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 ...

Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...

The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...