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SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves ...
New Intel CEO Lip-Bu Tan told employees Thursday to expect “several months” of job cuts as the chipmaker works to buttress ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right its course.
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...
Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
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 ...
Intel’s newly appointed CEO Lip-Bu Tan—who came on in March 2025, replacing Pat Gelsinger after he stepped down in December ...
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 ...
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 ...
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