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WinBuzzer2d

Intel to Spin Off Networking Business in Painful Restructuring

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 says it is laying off 15% of workers as chipmaker grapples with manufacturing challenges

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." ...
EconoTimes4d

Intel Slashes Workforce 22% as New CEO Lip Bu Tan Enforces Cost Discipline

Intel (NASDAQ: INTC) will end 2025 with a workforce over 20% smaller than last year as new CEO Lip Bu Tan pushes aggressive ...

Intel cuts back spending, workforce as struggling chip maker mounts comeback

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
Business Facilities1y

Intel To Invest $1.2B In Costa Rica - Business Facilities Magazine

Intel employs 3,300 workers at its Costa Rica operations, which are housed within its 26,000-square-meter plant and 17,000 square meters of laboratory space.
The Tico Times1y

Intel Investing $1.2 Billion in Costa Rica - The Tico Times

Intel executives delivered the news directly to Costa Rican authorities while meeting with President Rodrigo Chaves in Washington D.C. during his official U.S. visit. This enormous investment ...