Intel Confirms Mass Layoffs
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Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its workforce to be “more agile.” The US chip maker also said it “will no longer move forward” with projects in Germany and Poland as part of a push to save billions of dollars.
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The Manila Times on MSNUS chipmaker Intel Q2 revenue up as it cuts ranks
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its workforce to be “more agile.”
Sydney Sweeney's campaign with American Eagle helped the retailer gain the attention of meme stock traders.
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Free Malaysia Today on MSNIntel revenue climbs as 15% workforce cut takes effect
The US chip maker announces it will no longer pursue projects in Germany and Poland as it seeks to rein in billions in spending.
Intel's efforts to restore the chip giant to its former glory may hinge on a new manufacturing process the company calls 18A.Short for 18 angstroms — an angstrom is equal to 0.1 nanometers ...
Intel on Wednesday announced a new CEO -- Lip-Bu Tan -- will be taking the helm of the chipmaker. He is slated to assume the top job at Intel on Tuesday.
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The Times of Israel on MSNSlimming Intel sells off part of its Mobileye stake, as layoffs begin
US chipmaker gears up to sell 8% of its Mobileye holdings; as part of a global layoff plan, firm said to have started to summon employees in Israel to hearings before dismissal
For years, speculation surrounded which manufacturing process Intel would use for Nova Lake-S, with many expecting a debut for the company's in-house 18A node. The latest
The number of deportations from Germany is up slightly compared to the first half of last year. Meanwhile, German automobile giant Volkswagen has seen profits tumble as a result of US tariffs. DW has more.
Intel on Monday said that the first two cutting-edge lithography machines from ASML Holding are "in production" at its factories, with early data indicating they are more reliable than earlier models.
Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker’s dramatic downsizing.