Intel’s job cuts have doubled in California, affecting 1,935 employees across Santa Clara and Folsom. Meanwhile, 2,392 ...

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 will cut an unspecified number of workers as it looks to flatten its organizational structure and shift to an engineer-focused culture built on leaner teams, CEO Lip-Bu Tan said during a ...

Intel is set to implement significant layoffs, impacting 15% to 20% of its Intel Foundry workforce starting in July, potentially affecting over 10,000 employees globally. This move is part of CEO ...

Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.

Oregon's unemployment rate sits at 4.8%, higher than the national average of 4.1%, as the region's layoffs affect Intel, Nike ...

Layoffs are looming at Intel as the semiconductor giant looks to shave half a billion dollars from its operating expenses.

The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.

Intel plans to lay off more than 500 employees in Oregon (home of its largest site in the world) this month. The company will ...

The Intel Corp. is laying off 110 of its employees in Austin as it embarks on a plan to cut as much as 20% of its giant ...

Intel's stock fell as much as 10% on Friday on a weak outlook that factored in the impact of tariffs. The company expects tariffs to add costs amid growing odds of a recession. Its estimate ...

Intel plans over 2,300 job cuts in Oregon, part of a global restructuring to become leaner amid intense AI competition.