Now, in Germany and Poland, where Intel was planning to spend tens of billions of dollars respectively on “mega-fabs” that ...

Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...

Germany and Poland as new CEO Lip-Bu Tan pushes a major restructuring effort. The move aims to reduce costs and refocus on AI ...

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...

Intel is undergoing significant layoffs, confirming plans to reduce its workforce by over 24,000 jobs by the end of 2025 as ...

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

This week, Bank of America announced 3,000 layoffs across operating sites in Costa Rica; Guadalajara Mexico; and Taguig City, Philippines. Intel Corporation also announced the layoff of the majority ...

Intel is rumored to be laying off more than 1,500 employees in Costa Rica and moving its manufacturing units to Vietnam. Neither Intel nor the Costa Rican government has dispelled the rumor, with the ...

Costa Rica’s high-tech and service industries took a hard hit Tuesday as microchip manufacturer Intel and Bank of America announced roughly 3,000 layoffs between the two companies. Intel confirmed the ...