Intel stock was dropping as layoff notices suggest hundreds of engineers and technicians are among those set to lose their ...

Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.

Intel is set to escalate its layoffs, with a projected total of approximately 4000 job cuts by July, as part of a cost-cutting initiative led by new CEO Lip-Bu Tan.

Intel is set to significantly increase its layoffs, with plans to cut approximately 2,400 jobs in Oregon, bringing the total ...

Intel’s CEO reportedly said the company is not in the top 10 semiconductor companies, fearing it is too far behind to catch up with industry leaders. According ...

Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...

In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 ...

The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.

Intel says affected employees will receive severance packages and job placement assistance. However, the layoffs still represent over 10% of Intel’s Oregon workforce — a major blow to the local ...

Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...

Intel’s once-mighty dominance in semiconductors has hit a wall, and CEO Lip-Bu Tan isn’t sugar-coating it. Tan admitted Intel ...

Revelations of the continued layoffs and new restructuring by the struggling semiconductor firm generated headlines in news ...