"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip ...

Intel‘s stock sank 9.3% Friday after it reported mixed financial results Thursday and revealed it would cut its workforce by 22% this year. That added to a decline from the day prior, before Intel ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...

Intel delivered better-than-expected revenue for its second quarter and issued a fairly positive outlook for its third ...

Intel's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are ...

In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the ...

There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...