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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 ...
The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...
Intel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue "no more blank checks." ...
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
Intel (NASDAQ: INTC) will end 2025 with a workforce over 20% smaller than last year as new CEO Lip Bu Tan pushes aggressive ...
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
The chipmaker's closure of a Costa Rice assembly-and-test operation is part of a plan to cut costs and shift Intel's focus from PCs to mobile. Intel to ax 1,500 jobs in Costa Rica - CNET X ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel To Invest $1.2B In Costa Rica Over the next two years, U.S. chip manufacturer Intel is planning to invest $1.2 billion in Costa Rica, where it employs 3,300 workers. 09/06/2023 ...