Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.

Intel has cut approximately 4,000 positions across the USA, including 2,392 jobs in Oregon, home to the company's largest US ...

Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...

Intel is undergoing a significant and painful restructuring effort, which includes substantial workforce reductions.

The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...

Key Takeaways Intel shares jumped Tuesday following news the embattled chipmaker plans to slash hundreds of jobs as part of ...

Intel Corporation (NASDAQ: INTC) shares are trading higher Tuesday as investors responded positively to the company's ongoing ...

Intel has confirmed a major restructuring plan that will result in nearly 4,000 employees losing their jobs by mid-July ...

The job cuts are taking place in California, Oregon, Arizona and Texas, as leadership looks to reduce layers of teams within ...

The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company's ...

Intel CEO Lip-Bu Tan reveals the company's struggles in the semiconductor market, admitting it’s too late to compete with AI ...