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.

According to the WARN filings, job cuts in California’s Santa Clara and Folsom have doubled, impacting 1,935 employees. In ...

Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...

Last week, Intel issued a Worker Adjustment & Retraining Notification Act notice for 172 layoffs the corporation was planning ...

Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...

Intel moves its next event to Phoenix, Arizona for Intel Foundry update, Panther Lake CPU reveal, intensifying TSMC rivalry ...

Intel is laying off more than four times as many people in Arizona as the company had originally announced last week.

Global semiconductor giant Intel is implementing a significant restructuring plan, resulting in over 5,000 layoffs across US ...

Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler ...

The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.

Intel has confirmed plans to lay off nearly 4,000 employees nationwide, including in California, Arizona, and Texas.

The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.