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Intel (INTC) has been ramping up its efforts to pick up the pieces after facing low sales and revenue for several financial quarters. The chipmaker has struggled to keep up with competitors, such as ...
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
Intel's chip production is not spared layoffs either. Almost 3800 employees have to leave their jobs this week.
According to a report from The Oregonian, Intel initially informed Oregon workforce officials of plans to cut more than 500 ...
Intel is set to significantly increase its layoffs, with plans to cut approximately 2,400 jobs in Oregon, bringing the total ...
Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...
Intel’s position in the industry has slumped badly. Nevertheless, the company is hugely important to Oregon as one of its ...
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...
Intel is set to escalate its layoffs, with a projected total of approximately 4000 job cuts by July, as part of a cost-cutting initiative led by new CEO Lip-Bu Tan.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel has confirmed plans to lay off nearly 4,000 employees nationwide, including in California, Arizona, and Texas.
The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...
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