The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

Intel’s job cuts have doubled in California, affecting 1,935 employees across Santa Clara and Folsom. Meanwhile, 2,392 ...

Following Layoffs, Intel’s Next Target Is Employee Salaries The cuts will be to executive and mid-level management positions, with hourly workers not being impacted at all.

Intel will cut an unspecified number of workers as it looks to flatten its organizational structure and shift to an engineer-focused culture built on leaner teams, CEO Lip-Bu Tan said during a ...

Intel's stock fell as much as 10% on Friday on a weak outlook that factored in the impact of tariffs. The company expects tariffs to add costs amid growing odds of a recession. Its estimate ...

Intel plans to lay off more than 500 employees in Oregon (home of its largest site in the world) this month. The company will ...

Oregon's unemployment rate sits at 4.8%, higher than the national average of 4.1%, as the region's layoffs affect Intel, Nike ...

Intel currently plans to lay off about 544 employees in two California locations, and warned that there are more layoffs to come.

“AheadComputing is doing the biggest, baddest CPU in the world,” said Debbie Marr, the company’s CEO. A CPU is a central processing unit, the brain inside a computer. Intel has dominated the CPU ...

Intel told employees Thursday that it will offer early retirement incentives and buyouts. The company will surely need thousands of layoffs, too, to cut as many jobs as it plans.

In a move that underscores its commitment to future technologies, Intel has announced the launch of a groundbreaking AI Robotics ...

Intel has started its expected layoffs close to home with cuts to its California operations totaling 201 people as part of a broader cost cutting effort, according to letters filed with the state.