From leadership changes at legacy semiconductor companies to wishy washy policy around chip exports, a lot has happened ...

Intel is planning to cut over 20% of its workforce, amounting to over 21,000 employees, this week as part of a drastic restructuring effort under new CEO Lip-Bu Tan, according to a recent ...

Lee, the BLS just announced the unemployment numbers for April, as they always do. The first Friday of the following month, ...

Intel shares rose as much as 3.5 percent in premarket trading The layoffs are part of a bid to streamline management It would be the first major restructuring under new CEO Lip-Bu Tan ...

Intel's newly appointed CEO, Lip Bu-Tan, has unveiled a series of sweeping changes aimed at revitalizing the company. In his first major move since taking the helm just five weeks ago, Tan announced ...

Intel’s stock plunged 60% in 2024 and the ... Tan said in a letter to employees that layoffs would start this quarter and continue over several months, although he didn’t quantify how many ...

New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House tariffs and export restrictions muddy the market. Tan did not provide ...

There have been a further1,900 layoffs, along with 400 from Mobileye ... It was only last week when Tan overhauled Intel's leadership by installing a new CTO and AI lead. Other internal changes ...

Intel will cut an unspecified ... Tan did not specify the number of layoffs the company is planning, despite a report from Bloomberg earlier this week that the chipmaker plans to cut 20% of ...

Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs. It was reported this week that the company could lay off around 20 ...

Here’s what you need to know about those layoffs and the latest movement in Intel’s stock price. The most devastating news to come out of Intel yesterday was that earlier reports were correct ...

but Bloomberg News reported this week that the chipmaker intends to cut more than 20% of its workforce. An Intel spokesperson declined to comment on whether the planned layoffs will impact New ...