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Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
His more immediate predecessors have been less illustrious. Mr Tan inherits a company that has lost its edge. Intel is ...
Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan ...
Shares of the chipmaker fell even as earnings beat estimates, with the firm posting a weak second-quarter outlook amid tariff ...
Intel (INTC) , a large tech company estimated to have about 108,000 employees worldwide, is implementing a new game plan as ...
Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO ...
Intel's new CEO confirms he met with executives who built and run Taiwan Semiconductor Manufacturing Co. Both companies are ...
Intel Corp. could lay off 20% of its workforce, according to unconfirmed reports. The company, with a Chandler campus, is a ...
The CEO's Thursday memo reflects a broader cultural crackdown across tech.
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...
Intel says that it'll require employees to work from the office four days a week, a shift from the company's old policy.