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New Intel CEO Lip-Bu Tan told employees Thursday to expect “several months” of job cuts as the chipmaker works to buttress ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right its course.
As Intel prepares to release its first earnings report under new leadership, industry analysts speculate on the company's strategic direction and cost-cutting initiatives.
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...
The company is expected to let go more than 20% of its workforce, which stood at 108,900 employees last December. That means ...
Intel announced plans to spin off Intel Capital, the company’s corporate venture arm. Last week, Intel’s new CEO walked that ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.
Intel’s newly appointed CEO Lip-Bu Tan—who came on in March 2025, replacing Pat Gelsinger after he stepped down in December ...
Intel's former CEO praised Nvidia's execution and AI product advantage. Nvidia's AI chip market success comes from competitive moats, said Pat Gelsinger. Intel's new CEO, Lip-Bu Tan, acknowledged ...
Tan, who took the helm in March after the board ousted former CEO Pat Gelsinger in December, will get stock awards of $42 million depending on how Intel's shares perform. Three shareholder ...