Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

Intel (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue results that exceeded analyst forecasts. However, the semiconductor giant ...

After Intel and Microsoft, Tata Consultancy Services (TCS) has announced plans to lay off around 2% of its global workforce, or 12,261 employees.

Intel continues to cut jobs. Despite the economic challenges it faces, Intel managed to post a flat year-over-year quarterly revenue, at $12.9 billion, however the period saw the ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel shares jumped Tuesday following news the embattled chipmaker plans to slash hundreds of jobs as part of previously announced cuts under a broader restructuring effort. Monitor these major ...

Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

According to a report in the Oregonian, Intel is also shutting down its small […] (KRON) — Intel is laying off more than 100 workers at its South Bay headquarters, according to state filings ...