In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

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

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

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

Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land ...

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...