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Intel layoffs: Intel is set to conduct the biggest round of layoffs in its history, and plans to sack about 2,400 workers in ...
The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...
Bu Tan, admits the company has fallen behind in the AI market and is unlikely to catch up with leading competitor Nvidia.
The comments come as Intel begins thousands of layoffs across multiple locations, a sweeping move aimed at making the company ...
Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...
Intel has announced plans to lay off an additional 2,400 employees, intensifying its nationwide job cuts to nearly 4,000 by mid-July.
Intel’s once-mighty dominance in semiconductors has hit a wall, and CEO Lip-Bu Tan isn’t sugar-coating it. Tan admitted Intel ...
Intel has confirmed plans to lay off nearly 4,000 employees nationwide, including in California, Arizona, and Texas.
In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 employees in Oregon.
The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.
Intel Corp. revised the number of Oregon workers being laid off from 530 to 2,392, still set for July 15 at four Intel campuses.
Revelations of the continued layoffs and new restructuring by the struggling semiconductor firm generated headlines in news ...