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Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
Shares of the chipmaker fell even as earnings beat estimates, with the firm posting a weak second-quarter outlook amid tariff ...
Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO ...
The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...
The CEO's Thursday memo reflects a broader cultural crackdown across tech.
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
Intel says that it'll require employees to work from the office four days a week, a shift from the company's old policy.
The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...
Intel (NASDAQ:INTC) has faced persistent struggles in recent years, with the beleaguered chipmaker continually seeking ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...