The chipmaker's new boss, Lip-Bu Tan, said in an email to employees that Intel should once again become an ...

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...

The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...

Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...

Shedding employees will provide some relief on costs but analysts are skeptical the company can resolve its major issues.

CEO Lip-Bu Tan announced his key restructuring plans, hinting at a mass layoff as he aims to cut down ‘unnecessary ...

Ohio's top union leader is disappointed and concerned following Intel's announcement of significant layoffs, which could ...

In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...

Intel’s recent earnings had a poor forward guidance, which led to a correction in the stock. Read why I remain neutral on ...

That means it is currently unknown if Bloomberg’s 20% figure was correct. What Tan did confirm is that the layoffs would happen in Q2—which is Intel’s current quarter. He also said that the ...

Intel announced 385 Arizona layoffs in October ... The Intel layoff report originated with Bloomberg News, which said a reduction of more than 20% is possible, citing unnamed sources.

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.