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Intel cuts back spending, workforce
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Intel is laying off 251 employees in Austin starting next month, ... These layoffs come as Intel announced two months ago it would be cutting nearly 15,000 jobs or 15% of its global workforce.
Intel announced last year its plans to reduce its global workforce but there is no indication employees in New Mexico are losing their jobs.
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
Intel's chip production is not spared layoffs either. Almost 3800 employees have to leave their jobs this week.
Austin isn't the only area affected by the current Intel layoffs. The tech company and chip manufacturer headquartered in Santa Clara, Calif., is also cutting 529 jobs across Oregon, according ...
Intel laying off another 150 people in Austin ... Layoffs at Intel Corp. are part of a broad cost-cutting move by the chipmaker with a new CEO in charge. Walden Kirsch/Intel Corporation.
Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
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