Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.

GE Aerospace raised its full-year earnings outlook and beat expectations on its top and bottom lines in the second quarter. PepsiCo said its business remained resilient during the second quarter, ...

Reports of lay offs from California and Oregon have arrived after a report in June said up to 11,000 factory worker's jobs are at risk.

Updated: Our sources tell us mostly back office staff were let go, and that the mood in the office is very pessimistic ...

There is a debate forming between TSMC versus Intel Corporation stock, exploring who dominates the foundry market. Read our ...

Wipro guided for flat growth in IT services after a muted June quarter. This and more in today's ETtech Top 5.

Intel is planning to lay off a further 5,000 workers, mainly across California and Oregon, as part of its broader effort to ...

The Intel Oregon workforce is down to its lowest point in more than a decade, but there may be more cuts on the way.

Intel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu Tan admitted the company can no longer compete in high-end AI hardware and ...

Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.

Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...