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Intel announces mass job cuts, sounds alarm for Ohio
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Ohio leaders respond to setbacks in Intel's project
Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...
Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...
Intel cuts 15% of its staff as it pushes to make a comeback
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
Intel announces it will be 'further slowing construction' in Ohio
In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...
Intel confirms it will dramatically cut its workforce by the end of 2025
Intel provided more detail about the scope of its planned changes while sharing its second-quarter earnings results.
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Intel shares fall sharply after announcing job cuts and posting unexpected Q2 earnings
Intel (NASDAQ:INTC) provided optimistic revenue guidance for the upcoming quarter after delivering second-quarter revenue results that exceeded analyst forecasts. However, the semiconductor giant ...
Intel will lay off 529 Oregon workers in initial cuts: Here are the positions being eliminated
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.