Intel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu ...

Intel plans to lay off over 5,500 employees across the US, with teams in California and Oregon set to see the most job cuts.

Intel’s last big wave of layoffs occurred in 2016, when it trimmed about 12,000 jobs, or 11% of its total. The company has made smaller cuts since then and shuttered several divisions, including ...

Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

Intel's announcement that it would cut 10,500 jobs in coming months did not provide the market a much-needed boost, as Intel's stock price tumbled amidst broader concerns of an interest rate hike.

Wall Street is abuzz over news of sweeping Intel (NASDAQ:INTC) job cuts. What do you need to know about the latest Intel layoffs? Well, the tech giant announced this week that it will lay off ...

In a crushing quarterly update, Intel disclosed that it will cut more than 15 percent of its workforce. The layoffs, which could impact over 15,000 jobs, are part of the company's $10 billion cost ...

The PC slowdown is beginning to bite chipmakers. Intel Corporation (NASDAQ: INTC) is reportedly eyeing massive job cuts to tide over the current malaise.

Intel partners voiced hope and concern about the chipmaker’s hiring of Lip-Bu Tan as its CEO, saying his outside perspective could help revitalize Intel’s business while also raising concerns ...

Intel didn't disclose any specific job-cut numbers. Along with Gelsinger's comments, Intel ( INTC ) reported a third-quarter profit of 59 cents a share, excluding one-time items, on revenue of $15.3B.