Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.

The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.

Intel, Microsoft, Amazon, HPE, Meta, and NetApp were among the top companies in terms of tech layoffs in the first half of ...

TCS, Microsoft, Intel, Google, Amazon, and Meta have all slashed jobs, impacting tens of thousands. But this time, it's not just the market, it’s automation, AI, and a new way of working.

Major layoffs for Intel have now come for their Rio Rancho location, where more than 200 people will lose their jobs in the ...

We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of ...

Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...