News

The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...
Intel is preparing to lay off nearly a quarter of its workforce, around 24,000 employees, by the end of 2025. It is one of ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...
It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is ...
Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...
Intel CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.
Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a ...
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...