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Shedding employees will provide some relief on costs but analysts are skeptical the company can resolve its major issues.
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
Intel is making headlines with a significant restructuring decision, reportedly laying off 20% of its workforce this week.
"The economic landscape has become increasingly uncertain, driven by shifting trade policies, persistent inflation and ...
Peter Burke said it is likely to be “several weeks” before detail is available on how the Co Kildare-based campus will be ...
Days after a report that Intel was planning to cut one-fifth of its staff, the chipmaker announced that employees would have ...
Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...
Intel (INTC) , a large tech company estimated to have about 108,000 employees worldwide, is implementing a new game plan as ...
Intel joins the line of tech companies bringing workers back into the office by changing remote work policies. The post New ...
The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
“The current macro environment is creating elevated uncertainty across the industry, which is reflected in our outlook,” ...