"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...

Chipmaker Intel Corp said on Thursday it expects its workforce to shrink by more than 25,000 employees this year as the ...

The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...

Intel‘s stock sank 9.3% Friday after it reported mixed financial results Thursday and revealed it would cut its workforce by 22% this year. That added to a decline from the day prior, before Intel ...

Last summer, Intel said it would slash 15% of its staff, 15,000 jobs, part of a $10 billion plan to reduce costs as it tried to play catch-up in the AI chipmaking race. Intel is one of several tech ...

Intel delivered better-than-expected revenue for its second quarter and issued a fairly positive outlook for its third ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...

U.S. stocks are ticking toward more records on Friday and coasting toward the close of another winning week. The S&P 500 was ...