News

"I am taking swift actions to drive better execution and operational efficiency while empowering our engineers to create ...
Intel has given a weak forecast for the current period and said it is cutting workers to bring costs in line with the ...
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 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's new CEO oversees his first quarterly earnings report today. The financial news might be overshadowed by a large possible layoff announcement.
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 ...
This comes less than a year after Intel cut more than 15,000 jobs. It's unclear how many jobs will be cut at Intel's Ocotillo ...
Intel plans to lay off 20% of its workforce, according to a report from Bloomberg News. This would come on the heels of ...
Intel stock rallied early Wednesday following a report that said the company is preparing to cut up to 20% of its workforce.