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

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

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

Intel has begun a new round of layoffs, with over 5,000 employees losing their jobs across four U.S. states. The cuts are ...

Global semi-conductor giant Intel is set to lay off thousands of its “mostly back office staff,” from Oregon, California, and Texas states in the US, the company said in a regulatory filing.

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

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, ...

Dow Jones Top Company Headlines at 11 AM ET: Meta Directors, Shareholders Settle Privacy Suit Before Board Members Testify at Trial | FDA ... Meta Directors, Shareholders Settle Privacy Suit Before ...

Also, another recent WARN notice shows that Intel has increased its planned layoffs in Arizona from 170 to almost 700. This new round of layoffs means Intel has cut over 20,000 jobs, a year after it ...

Around 5,000 "surplus" employees will be cut from positions at Intel across the United States as it focuses on artificial ...

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.

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