Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

Amazon has cut hundreds of AWS jobs amid wider tech layoffs, with Intel, Microsoft, and TikTok also reducing staff to curb ...

Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.

Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, ...

Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...

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The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

Alphabet (GOOG, GOOGL) will release its second quarter results on Wednesday, July 23, and Intel (INTC) will post its second ...

Intel reports earnings on Thursday and top-line revenue results might not be much of an indicator of the confused long-term state of the American icon. | At earnings, it isn’t clear if CEO Lip Bu Tan ...

Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.

Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...

Investors will be questioning the chip maker’s strategy for the future more than worrying about its second quarter earnings results, Bernstein analysts say ...