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Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.
Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler ...
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Intel is laying off more than four times as many people in Arizona as the company had originally announced last week.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
Intel is planning to lay off a further 5,000 workers, mainly across California and Oregon, as part of its broader effort to ...
Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.