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SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...
New Intel CEO Lip-Bu Tan told employees Thursday to expect “several months” of job cuts as the chipmaker works to buttress ...
Intel told Reuters that it would cut 15% of its workforce to revamp a strategy of former CEO Pat Gelsinger, who had a goal to restore Intel's lead in manufacturing chips. What we don't know: Intel has ...
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported on Tuesday, citing a ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.
Intel announced plans to spin off Intel Capital, the company’s corporate venture arm. Last week, Intel’s new CEO walked that ...
In its first earnings report under the leadership of CEO Lip-Bu Tan, Intel said it plans to slash operational and capital ...
Tan, who took the helm in March after the board ousted former CEO Pat Gelsinger in December, will get stock awards of $42 million depending on how Intel's shares perform. Three shareholder ...