Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes.

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As one of Oregon’s largest for-profit employers, the tech company is laying off nearly 2,400 workers in the state starting Monday.

More than 500 employees of the Intel Corporation in Oregon will be laid off, the tech giant announced Tuesday.

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

Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive ...

Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker.

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The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.

The semiconductor giant plans to lay off 15% to 20% of workers in its Intel Foundry division starting in July, according to an internal memo originally reported on by The Oregonian. Intel Foundry ...

Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses.