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Layoffs surged considerably in April, reflecting a sharp rise in cost-cutting measures adopted by tech companies.
UPS is cutting 20,000 jobs and slashing Amazon deliveries, raising questions about layoffs, USPS competition, and the future ...
Intel has struggled to develop AI chips that compete with rival Nvidia and has also been slow to develop smaller and more ...
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 ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...
Intel's CEO Lip-Bu Tan plans layoffs and enforces a stricter in-office work policy aiming to boost productivity and reduce ...
"The economic landscape has become increasingly uncertain, driven by shifting trade policies, persistent inflation and ...
The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
Shares of the chipmaker fell even as earnings beat estimates, with the firm posting a weak second-quarter outlook amid tariff ...
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