In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 employees in Oregon.

Intel says affected employees will receive severance packages and job placement assistance. However, the layoffs still represent over 10% of Intel’s Oregon workforce — a major blow to the local ...

Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...

Intel’s once-mighty dominance in semiconductors has hit a wall, and CEO Lip-Bu Tan isn’t sugar-coating it. Tan admitted Intel ...

The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.

Revelations of the continued layoffs and new restructuring by the struggling semiconductor firm generated headlines in news ...

Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...

Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...

New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...

We won’t see any new MacBook Pro in 2025, according to Bloomberg’s regular Apple leaker Mark Gurman, who says Apple may delay ...

The RealSense spinout is part of the same narrative. The subsidiary originated in 2013 as part of Intel’s Perceptual ...