News

After laying off 500 employees just last week, Intel is reportedly preparing to cut 2,500 more jobs from its Oregon office. In the next few weeks, the company is expected to fire around 4,000 of its ...
Intel’s latest wave of layoffs has sent tremors through Oregon’s tech ecosystem, with nearly 2,400 positions set to vanish ...
Intel’s position in the industry has slumped badly. Nevertheless, the company is hugely important to Oregon as one of its ...
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 ...
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 ...
Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...
Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...
New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...