Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President ...

Intel Corp. shares are flying high after the firm secured a string of high-profile backers, but the cash infusions have done little to fix the company’s biggest problem - its money-losing chip-making ...

Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses. “These are difficult actions but essential ...

TL;DR: Intel plans to cut 15-20% of its chip manufacturing workforce as part of broader layoffs to improve operational efficiency and reduce costs. New CEO Lip-Bu Tan aims to streamline the company, ...

Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products. Intel (Nasdaq:INTC) plans to lay off up to 20% of its manufacturing sector employees ...

The semiconductor giant reportedly lays out layoff plans nearly two months after CEO Lip-Bu Tan announced it would lower operating and capital expenses in line with his mandate to streamline the ...

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Intel (INTC) reported its second quarter earnings after the bell on Thursday, beating on revenue but missing on earnings per share (EPS) due to impairment charges. The company said it is cutting its ...

Narahari Ramanuja, a 25-year Intel veteran, is leaving to run Analog Devices’ newly expanded Oregon factory. He’s the latest in a string of top technology executives to leave Intel amid the company’s ...