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This latest round of layoffs means Intel has shed over 20,000 staff in a year after it announced 16,000 redundancies in ...
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.
Last week, Intel issued a Worker Adjustment & Retraining Notification Act notice for 172 layoffs the corporation was planning ...
Intel plans to lay off approximately 5,000 employees, primarily in California and Oregon, as part of a broader cost-cutting initiative.
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
Major chipmaker Intel appears to be undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler facility.
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Intel is laying off more than four times as many people in Arizona as the company had originally announced last week.
A similar wave of layoffs hit the East Valley plant late last year after the struggling chipmaker announced a significant reduction of its workforce worldwide.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
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Stocktwits on MSNIntel Begins Layoffs In Oregon, Arizona As Part Of Broader Overhaul; Retail Traders Stay Positive As Stock RalliesIntel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
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