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Intel has announced plans to lay off an additional 2,400 employees, intensifying its nationwide job cuts to nearly 4,000 by mid-July.
Intel has confirmed plans to lay off nearly 4,000 employees nationwide, including in California, Arizona, and Texas.
In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 employees in Oregon.
The faltering company has laid off 4,000 in the U.S. this week, but the impacts may be felt most deeply in Oregon.
Intel Corp. revised the number of Oregon workers being laid off from 530 to 2,392, still set for July 15 at four Intel campuses.
Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...
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 ...
Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company's ...
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 ...
We won’t see any new MacBook Pro in 2025, according to Bloomberg’s regular Apple leaker Mark Gurman, who says Apple may delay ...
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