The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

Intel is set to lay off over 5,000 employees across four US states as part of a major restructuring plan. The layoffs follow the company's first annual loss in nearly 40 years.

Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...

Worth $4 trillion, it’s the most valuable company in the world.

Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.

Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...

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The viral clip has since put both Byron and Cabot into the unforgiving glare of the internet spotlight. Not only this, it has ...

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.

The trial against Meta CEO Mark Zuckerberg and other former and current leaders, over Facebook privacy violations, has ...

Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.