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Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Sandoval County manager, Wayne Johnson, says Intel is looking to lay off 15,000 to 20,000 people nationwide. He says when ...
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 is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know new CEO Lip Bu-Tan's plans ...
Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...
Global semiconductor giant Intel is implementing a significant restructuring plan, resulting in over 5,000 layoffs across US ...
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 ...
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.
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. Learn more on INTC stock here.
Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut ...