The U.S. chipmaker said it 'will no longer move forward' with projects in Germany and Poland as part of measures to save ...

It was early morning on July 4 when Gen Keith Kellogg’s phone was illuminated with a call from Poland. On the other end of ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

Chipmaker Intel Corp said on Thursday it expects its workforce to shrink by more than 25,000 employees this year as the ...

Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...

Intel is going through one of its biggest shake-ups yet. The US chipmaker has confirmed it will let go of nearly 24,000 ...

The company will halt planned factories in Poland and Germany, and consolidate chip packaging operations in Vietnam and ...

Intel plans to withdraw from Germany, Poland, and Costa Rica, reducing its workforce by a third to around 75,000 by the end of 2025.

Intel says the staff reduction is “designed to create a faster-moving, flatter --- and more agile organization.” Part of the ...

Intel is abandoning its billion-euro plans for a factory in Magdeburg in eastern Germany, the struggling US chipmaker announced on Thursday. Planned projects in Germany and Poland are to be ...

Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...

Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15% of its workforce to ...