The total value of Costa Rica’s exports fell by 17.5 percent during the first two months of this year compared to the same period of 2014, the Foreign Trade Promotion Office reported this week.The total number of exports dropped from $1.8 billion during January and February of 2014 to $1.5 billion during those months this year, the agency said.

Intel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue "no more blank checks." The plans are part of the effort by Tan,

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes.

Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to refocus on core chip businesses.

Intel is rumored to be laying off more than 1,500 employees in Costa Rica and moving its manufacturing units to Vietnam. Neither Intel nor the Costa Rican government has dispelled the rumor, with the latest report saying Costa Rica’s president-elect is meeting Intel executives in a last ditch attempt to prevent the chipmaker’s departure.

Intel (NASDAQ: INTC) will end 2025 with a workforce over 20% smaller than last year as new CEO Lip Bu Tan pushes aggressive cost-cutting to revive the struggling chipmaker. The company plans to reduce headcount to 75,

Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.

President Laura Chinchilla and President-elect Luis Guillermo Solís wrangled this week with the political consequences of microchip giant Intel’s exit from Costa Rica, while observers search for the next big high-tech opportunity. Intel’s arrival in Costa Rica in 1998 helped jump-start the ...

Intel To Invest $1.2B In Costa Rica Over the next two years, U.S. chip manufacturer Intel is planning to invest $1.2 billion in Costa Rica, where it employs 3,300 workers. 09/06/2023