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Intel is planning to lay off a further 5,000 workers, mainly across California and Oregon, as part of its broader effort to reduce headcount by about 20%, reducing costs and improving profitability.
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the layoffs beyond its earlier estimate of 4,000 jobs.
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge — or is it a risky bet?
Intel is cutting 24,000 jobs and cancelling major factory projects in Germany, Poland, and Costa Rica as part of a major restructuring plan to cut costs and focus on core business.
Intel has decided to slash well over 700 Bay Area jobs during July alone as the legendary chipmaker embarks on a wrenching restructuring it hopes will create a more nimble tech company.
It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is akin to a refined 2 nanometer process, which is funny because Intel never ...
The Clear Linux OS team has announced the shutdown of the project, marking the end of its 10-year existence in the open-source ecosystem.
Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler facility.
Intel has said that it has completed the majority of the layoffs it announced earlier this year which will reduce its global workforce by around 15%.
Intel plans to lay off some workers at the company's Rio Rancho plant.
Intel is apparently working on a new Nova Lake AX CPU range, which doesn't need a separate graphics card for gaming, to take on AMD.
Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.