Intel said it plans to begin laying off hundreds of workers in Oregon as part of previously announced cuts under its ...

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

Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...

Intel is reportedly implementing layoffs affecting 15% to 20% of its manufacturing workforce, as confirmed in an internal memo. This strategic overhaul aims to address financial challenges and ...

Furthermore, any prospect of leaning on competitor TSMC, which reported strong Q1 results, for manufacturing assistance was firmly dismissed on April 17 when TSMC CEO C.C. Wei stated unequivocally ...

Intel CEO Lip-Bu Tan started his first quarterly earnings presentation at the helm of the troubled chipmaker by announcing a major workplace overhaul that aims to boost innovation.

Intel is set to slash about 20 per cent of its global workforce this week, according to a report by Bloomberg, in what could be the company’s largest round of layoffs in recent years. The job cuts, ...

Intel told Reuters that it would cut 15% of its workforce to revamp a strategy of former CEO Pat Gelsinger, who had a goal to restore Intel's lead in manufacturing chips. What we don't know: ...

Under former CEO Pat Gelsinger, who stepped down unexpectedly in 2024, Intel pursued an aggressive “five-nodes-in-four-years” manufacturing plan, culminating in the Intel 18A process.

Intel had said then it would slash 15% of its workforce as it pursues the turnaround strategy of previous CEO Pat Gelsinger, who aimed to restore Intel's lead in manufacturing chips.