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The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...
Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...
After announcing their initial plans to layoff over 500 people, Intel Corporation is now planning to layoff more than four times that number starting Tuesday.
The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.
Intel Corp. revised the number of Oregon workers being laid off from 530 to 2,392, still set for July 15 at four Intel campuses.
The revised figure, bringing in hundreds of additional engineers, technicians and managers, represents nearly 12% of the ...
Intel’s sweeping layoffs highlight a dramatic push to cut costs and streamline operations as it battles to reclaim lost ...
More than 500 employees of the Intel Corporation in Oregon will be laid off, the tech giant announced Tuesday.
US chipmaker gears up to sell 8% of its Mobileye holdings; as part of a global layoff plan, firm said to have started to ...
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.