In its first earnings report under the leadership of CEO Lip-Bu Tan, Intel said it plans to slash operational and capital ...

Intel has given a weak forecast for the current period and said it is cutting workers to bring costs in line with the ...

Intel forecast second-quarter revenue below Wall Street estimates on Thursday, casting a shadow over new CEO Lip-Bu Tan's ...

Intel is reportedly set to announce another round of layoffs, this time cutting 20% of its workforce – estimated to be ...

Intel (INTC, Financials) is preparing to lay off more than 21,000 employeesapproximately 20% of its global workforceas part ...

Former Intel CEO Pat Gelsinger admitted Nvidia's AI chip dominance stemmed from superior execution by CEO Jensen Huang and strategic advantages like NVLink and CUDA. Intel's missteps, including ...

Intel Corp., the chipmaker attempting a comeback under new Chief Executive Officer Lip-Bu Tan, gave a weak forecast for the ...

Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action ...

Intel is planning to cull more than 20% of the company's workforce in an effort to "eliminate bureaucracy" and "rebuild an ...

The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...

Intel is in trouble, and in a bid to solve some of its financial woes, a report suggests the company will cut about 20% of its staff.

Intel's new CEO oversees his first quarterly earnings report today. The financial news might be overshadowed by a large possible layoff announcement.