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Investors will be questioning the chip maker’s strategy for the future more than worrying about its second quarter earnings ...
JD Vance and Marco Rubio's Senate successors are cruising to the primaries. Artificial intelligence is fueling job cuts and ...
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
The AI gold rush has come as job openings for software developers hit a five-year low, raising questions about AI’s responsibility for the slowdown.
Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.
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 ...
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 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 ...
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.
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 ...