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A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.
Chipmaker Intel is planning to fire over 5,500 employees across various states in the United States, according to filings made by the company.
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
After laying off 500 employees just last week, Intel is reportedly preparing to cut 2,500 more jobs from its Oregon office. In the next few weeks, the company is expected to fire around 4,000 of its ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Axe in the corridors Troubled Chipzilla is showing no mercy as it swings the axe on more than 5,000 employees across four US states in its latest bid to slash costs. Manufacturing Dive first spotted ...
Intel will cut over 400 Bay Area jobs in the latest round of layoffs at the tech giant. The chipmaker will cut 410 jobs in ...
Taiwan Semiconductor Manufacturing Co., which has seen a recent executive shakeup at its Arizona operations amid its record-setting $165 billion investment in its growing chip factory campus in north ...
Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.