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 ...

Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...

The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg ...

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 ...

In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 ...

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 ...

Intel’s once-mighty dominance in semiconductors has hit a wall, and CEO Lip-Bu Tan isn’t sugar-coating it. Tan admitted Intel ...

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 ...

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 ...