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

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

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

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

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

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

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

Intel has seen its sales drop three years in a row and has trailed Nvidia when it comes to advancements in technology.

Intel CEO Lip-Bu Tan plans to cut 20% of the company's workforce, according to a report by Bloomberg Tuesday.