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Intel CEO warns employees of a sad new reality amid layoffs
During an earnings call in April, Intel CEO Lip-Bu Tan said that the company needs to “fundamentally transform” its culture ...
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Intel admits it's too late to catch up, lays off thousands of workers
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
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Tech industry faces major layoffs; Intel and Amazon Web Services begin restructuring
Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...
Anadolu Agency1d
US chip giant Intel downsizing in Israel amid mass layoffs, falling revenue
US chip giant Intel has launched a major downsizing campaign in Israel, slashing jobs and scaling back operations at its ...
Intel to lay off workers amid company overhaul, continued financial headwinds
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a flagging performance.
Intel job losses mount as 4,000 layoffs are reported across multiple sites in California, Oregon, Texas and Arizona
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
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Not Buying Intel's Turnaround Story Just Yet
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, ...
Intel’s mass layoffs spark ‘shock’ and ‘concern’ among Washington County leaders
Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...