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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.
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
The Bay Area and California both lost thousands of jobs during June, a loss that represents a setback for regions whose ...
US stock market dips despite AI-driven gains from Constellation and Marvell as traders brace for Fed moves and tariff ...
Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
As Microsoft, Intel, and Google lean into AI-driven restructuring, workers face shrinking salaries, fewer entry-level roles, ...
On the London market, investors will be looking at the latest results from Lloyds (LLOY.L), as the first of the major UK-listed banks to report this earnings season.  Investors will be keeping an eye ...