Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...

Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...

Intel’s massive job cuts come after it's expected to receive $8.5 billion in taxpayer money The company's stock fell 26% on Friday after the announcement ...

SAN JOSE, Calif. -- Intel Corp., the world's largest chip maker, has endured a humiliating stumble in recent years as it steadily lost market share in its core business to a feisty smaller rival ...

It is expected that this week, the announcement of the layoffs will impact a significant number of Intel's approximately 110,000 workers. It's crucial to remember that this number does not include ...

Intel's Job Cuts Reflect Further Decline in PC Market, But Not Its Death. Intel announced it's cutting 12,000 jobs, ... the company said during its first quarter earnings announcement on Tuesday.

Intel reduced its workforce by around 5 per cent in 2023 which brought down the number of employees down to 124,800 by the end of the year, following job cuts announced in October 2022.

Since the job cut announcement on Aug. 1, Intel stock has already slid over 33%. As the tech industry grapples with an evolving landscape, ...

Intel was sued on Wednesday by shareholders who said the ... the job cuts and the dividend suspension. The shares closed Wednesday down 3.6% at $18.99 and have fallen 34.6% since the announcement.