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

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 ...

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 ...

This latest round of layoffs follows significant layoffs in 2024 when the Santa Clara-based chipmaker announced plans to cut about 15,000 jobs. Intel, according to Bloomberg, had about 109,000 ...

(Bloomberg) -- Intel Corp. is poised to announce plans this week to cut ... The cutbacks follow an effort last year to slash ...

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.

The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to boost U.S. chip production.

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 ...