Intel has reportedly tolf staffers it plans to lay off 15-20% of its workers from its chip manufacturing division, with more ...

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, ...

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 ...