In April, Intel announced the sale of a 51% stake in Altera to private equity firm Silver Lake, valuing the company at $8.75 ...

Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

Intel plans to lay off approximately 5,000 employees, primarily in California and Oregon, as part of a broader cost-cutting ...

Intel to lay off more than 1,000 employees in California, with 736 in Santa Clara and 344 in Folsom, under CEO Lip-Bu Tan's efficiency drive.

Intel began laying off employees across the company Monday, notifying workers individually about whether they will keep their jobs. New CEO Lip-Bu Tan told workers in April to expect major layoffs ...

This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The semiconductor company had previously disclosed its intentions to cut 20% of its ...

TL;DR: Intel plans to lay off up to 5,000 employees in California and Oregon as part of a broader effort to reduce headcount by 20% and cut operating costs following unstable Raptor Lake ...

The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN notices that Intel filed with the state Employment Development Department.

According to a report from The Oregonian, Intel initially informed Oregon workforce officials of plans to cut more than 500 workers in the state. However, the figure has now been raised to 2,392, ...

Intel statements and disclosure raise "existential questions on Intel's long-term pursuit of technology" that are "now front ...