Intel CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.

The layoffs, which were one of new CEO Lip-Bu Tan's first big moves since he took over in March, are meant to make things run ...

Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...

Intel faces declining margins, operating losses, and is losing market share to AMD and Nvidia, making a near-term recovery ...

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

Intel's new CEO is just beginning to reorganize the business and could take years to show positive results with AI missed.

Intel Corporation has announced the cancellation of planned manufacturing facilities in Europe as part of a broader ...

Intel's latest jarring workforce reduction goes far beyond previous cuts, signaling a permanent shift in the semiconductor ...

Intel shares fell 5 per cent in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly ...