Intel’s recent decision to cut over 15,000 jobs has sparked scrutiny from US lawmakers, particularly Republican Senator Rick Scott, who is questioning the company’s allocation of nearly $20 ...

Intel’s last big wave of layoffs occurred in 2016, when it trimmed about 12,000 jobs, or 11% of its total. The company has made smaller cuts since then and shuttered several divisions, including ...

Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. In a memo ...

Intel's announcement that it would cut 10,500 jobs in coming months did not provide the market a much-needed boost, as Intel's stock price tumbled amidst broader concerns of an interest rate hike.

Wall Street is abuzz over news of sweeping Intel (NASDAQ:INTC) job cuts. What do you need to know about the latest Intel layoffs? Well, the tech giant announced this week that it will lay off ...

In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, are part of the company's $10 billion cost ...

The PC slowdown is beginning to bite chipmakers. Intel Corporation (NASDAQ: INTC) is reportedly eyeing massive job cuts to tide over the current malaise.

Intel partners voiced hope and concern about the chipmaker’s hiring of Lip-Bu Tan as its CEO, saying his outside perspective could help revitalize Intel’s business while also raising concerns ...

Intel didn't disclose any specific job-cut numbers. Along with Gelsinger's comments, Intel ( INTC ) reported a third-quarter profit of 59 cents a share, excluding one-time items, on revenue of $15.3B.