Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division responsible for Ohio’s plant.

Intel hired three new vice presidents Wednesday and promoted another executive, reshaping the company’s leadership ahead of mass layoffs due to begin next month. New CEO Lip-Bu Tan, hired in March, ...

Intel announced a set of leadership changes aimed at CEO Lip-Bu Tan's attempted transition to a more engineering focused ...

In a memo to employees, Intel Manufacturing Vice President Naga Chandrasekaran acknowledged the gravity of the decision. "These are difficult actions but essential to meet our ...

Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month. “We have been taking action to build a ...

Additionally, unlike Nvidia and AMD, which have committed to yearly hardware releases, O’Buckley said Intel’s customers were in support of a two-year product cycle, with 18A-P and 18A-PT expected to ...

and Intel Products. Tan said Intel Products will remain the company’s primary focus as it seeks to overcome financial concerns. As part of the agreement, Silver Lake took on some Intel debt and ...

They previously were overseen by Michelle Johnston Holthaus, who remains chief executive of Intel products and whose work will expand to new areas. "I want to roll up my sleeves with the ...

In his first letter to shareholders, Tan laid out a clear vision for Intel's future, emphasizing a dual focus on product innovation and operational efficiency. His message was unflinching ...

“With a strong foundry leadership team in place and Intel 18A progressing well ahead of our first product launch and external customer tape-outs, this is a well-planned transition as we continue ...

Investing.com -- Raymond James analysts said in a note Tuesday that separating Intel’s Product and Foundry businesses is the most effective way to unlock shareholder value. “In our view, splitting ...

Investing.com -- Raymond James analysts said in a note Tuesday that separating Intel’s Product and Foundry businesses is the most effective way to unlock shareholder value. “In our view ...