Intel (INTC) stock rose roughly 5.5% on Wednesday after a report from Bloomberg late Tuesday said the chipmaker plans to cut 20% of its workforce. The report comes just a day before the chipmaker ...

Intel plans to eliminate 20,000 jobs or more across the company, Bloomberg reported Tuesday night, citing an anonymous source familiar with the chipmaker’s plans. The cutbacks would follow ...

Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter ...

While specific layoff numbers haven't been released, reports suggest they could exceed 20% of Intel's global workforce. Intel Corp. plans employment reductions and a tighter return-to-work policy ...

New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday.

Intel Corp. is planning to announce cuts to more than 20% of its workforce this week, Bloomberg News reported Tuesday night, in what would be the the first major restructuring under new Chief ...

Intel Corp., a major semiconductor manufacturer with a sizable Chandler campus, plans to cut more than 20% of its national workforce. That's according to Bloomberg News, citing unnamed sources.

Chipmaker Intel announced significant spending cuts Thursday that will shrink its workforce this quarter, months after announcing huge layoffs and being awarded more than $7 billion in funding ...

Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action under new Chief Executive Lip-Bu Tan, but its stock tumbled on its ...

Intel's revenue forecast below Wall Street estimates amid trade war concerns Tariff fears led to chip stockpiling, impacting Intel's second-quarter outlook Intel plans cost cuts, reducing ...

Intel executives pledged Tuesday that its upcoming Panther Lake chip will combine the best aspects of its earlier processors, Lunar Lake and Arrow Lake. Intel executives spoke in Las Vegas on the ...