Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported on Tuesday, citing a ...

The cutbacks could be devastating in Oregon. The chipmaker is the state's largest employer and makes Oregon's most valuable product.

Discover why Intel Corporation's strategic pivot under new leadership, strong domestic advantages, and rich history make it a ...

Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...

Intel Corp. is planning to announce cuts to more than 20% of its workforce this week, Bloomberg News reported Tuesday night, in what would be the the first major restructuring under new Chief ...

Once the world’s largest chipmaker, Intel is trying to recover from an extended decline in sales and a $19 billion loss last ...

Intel had over 120,000 employees after its 2022 layoffs, and its 2024 layoffs brought that total down to 108,900, but the company may downsize again. Bloomberg’s single “person with knowledge ...

According to Bloomberg’s source ... language that now appears to have foreshadowed the forthcoming layoffs. The emphasis on reducing managerial overhead may help Intel move faster in responding to ...

In March, when Intel appointed new CEO Lip-Bu Tan, he wrote that he intended to "remake" the struggling Bay Area tech giant. On Thursday, that effort became more tangible for workers - Tan is amping ...

Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.

(Photo by Justin Sullivan/Getty Images) A substantial lay off of employees is set to occur at Intel. The California-based technology company reportedly will slash more than 20% of its workforce. The ...

Layoffs part of strategy to refocus on engineering-driven culture, report says CEO Lip-Bu Tan aims to revive Intel after management ... inefficiencies, Bloomberg News reported on April 22, citing ...