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The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...
This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...
The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...