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.

California now has one of the nation’s worst jobless rates, with the Bay Area and state both losing thousands of jobs during ...

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

The Intel Oregon workforce is down to its lowest point in more than a decade, but there may be more cuts on the way.

Currency risk is limited as most transactions are made in USD. Intellectual property theft is a major risk. The most high-profile incident was TSMC’s settlement with SMIC, in which the firm received ...

Intel, Indeed, and Glassdoor will cut 5,000+ roles. Discover the types of jobs AI is replacing, why layoffs are happening, ...

Global semiconductor giant Intel is implementing a significant restructuring plan, resulting in over 5,000 layoffs across US locations including California, Oregon, Arizona and Texas. The job cuts, ...

Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to ...