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BW Businessworld13h
Intel To Cut 5,500 Jobs As New CEO Targets 20% Workforce Reduction Amid AI Race Setback
Intel is preparing to lay off around 5,500 employees across the United States as part of a sweeping cost-cutting exercise under new CEO Lip-Bu Tan. This new round of job cuts, which spans engineers, ...
Intel Might Be Quitting the AI Training Market for Good
Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...
Network World4d
Intel CEO: We are not in the top 10 semiconductor companies
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
TweakTown1d
Intel admits it's too late to catch up, lays off thousands of workers
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
Niners Wire12d
Intel's new CEO considers big chipmaking shift, Reuters reports
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...