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The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel Corporation's Q2 earnings reveal challenges and opportunities. Click for how INTC CEO Lip-Bu Tan emphasizes disciplined ...
A process, touted as critical to regaining its technological lead, has reportedly hit yield issues, jeopardizing its ability ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
Intel (NASDAQ:INTC) is planning to cut 15% jobs and plans to end the year with a global headcount of ~75,000 as a part of ...
Intel's CEO, Lip-Bu Tan, has confirmed that the company's four-day office policy will be fully implemented by September 2025, ...
Not only is Intel unable to grow right now, it's unable to do so at a time when demand for all things AI is soaring. Peers ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Fitch downgraded Intel's credit rating to BBB with a negative outlook, citing weak demand, fierce competition from AMD and ...
Intel is preparing for one of the most significant workforce reductions in its history, with plans to cut more than 20 percent of its global staff, according to a Bloomberg report that first broke ...
Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...
Intel reveals it will shed 24,000 employees this year and retreat in Germany, Poland, and Costa Rica $INTC ...