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Intel is preparing to lay off around 5,500 employees across the United States as part of a sweeping cost-cutting exercise under new CEO Lip-Bu Tan. This new round of job cuts, which spans engineers, ...
Intel notified its marketing employees this week that it plans to outsource many of their jobs to the consulting firm ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
During an earnings call in April, Intel CEO Lip-Bu Tan said that the company needs to “fundamentally transform” its culture ...
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...
Good morning. Intel Corporation’s CEO Pat Gelsinger retired from the company and stepped down from the board of directors, effective Dec. 1. The board gave him the option to retire or be removed ...
Intel's valuation now appears fair, with the market having priced in the leadership change, while further strategic announcements could impact future price movements.
It has been a challenging year for all of us as we have made tough but necessary decisions to position Intel for the current market dynamics." Gelsinger had spent 30 years at Intel, left in 2009 ...
Good morning. Intel Corporation’s CEO Pat Gelsinger retired from the company and stepped down from the board of directors, effective Dec. 1. The board gave him the option to retire or be removed ...
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