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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 CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
Intel stock was dropping as layoff notices suggest hundreds of engineers and technicians are among those set to lose their ...
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...
Intel’s CEO reportedly said the company is not in the top 10 semiconductor companies, fearing it is too far behind to catch up with industry leaders. According ...
Intel’s position in the industry has slumped badly. Nevertheless, the company is hugely important to Oregon as one of its ...
Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...
In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 ...
The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.
Intel says affected employees will receive severance packages and job placement assistance. However, the layoffs still represent over 10% of Intel’s Oregon workforce — a major blow to the local ...
Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...
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