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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 ...
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Intel to Shutter Costa Rica Assembly, Test Unit - Fox Business
Chipmaker Intel, struggling with a shrinking personal computer market, is shutting its assembly and test operation in Costa Rica and eliminating 1,500 jobs.
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Costa Rica says China apologized for intel operation over its territory ...
Costa Rica's government said Monday that China apologized for a intel operation flying over the Central American country's airspace. The incident came after a separate Chinese spy balloon ...
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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 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." ...
Intel to lay off 15% more staff by year-end and scale back foundry investments
The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...