Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes.

Other technology giants including Microsoft, Google and Amazon have trimmed their workforces in recent months.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...

Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a ...

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

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

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

Big layoffs at Intel are actually a good sign for Arizona | Opinion Intel lost its edge and market share. Now, it is fighting to get back in the game by streamlining its workforce.