Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel is to cut down around 24,000 employees this year, which roughly accounts for a quarter of its workforce. The company ...

Intel is preparing to lay off nearly a quarter of its workforce, around 24,000 employees, by the end of 2025. It is one of ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are ...

Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Intel plans to cut even more workers by the end of the year. Its most recent quarterly revenue was better than anticipated.

Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.

Intel's new CEO, Lip-Bu Tan, plans to separate the company's networking and communications unit, aiming to streamline operations and reduce expenses.

Intel said on Thursday that it has mostly completed plans to cut 15% of its workforce, as the struggling chipmaker attempts a ...

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...