Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

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

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

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

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

Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...