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Intel to lay off more than 5,500 employees in US
Chipmaker Intel will fire more than 5,500 employees across various states in the United States, according to filings by the company. Earlier estimates had put the number of employees set to be axed at ...
Intel’s employees needed some good news. The company may still boast one of Silicon Valley’s most storied names, but its staff, which numbered 96,000 as of the end of July, had worked for years ...
An Intel spokesperson confirms to CRN that the layoffs, disclosed on Tuesday, are part of the plan announced by Intel CEO Pat Gelsinger in August to cut over 15,000 jobs and reduce costs by more than ...
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Add Yahoo as a preferred source to see more of our stories on Google. In June this year, Intel laid off over 100 of its employees in California. Just a month later, 4000 more were announced, with ...
Intel announced it would lay off more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 billion in ...
Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President ...
The appointment of Lip-Bu Tan as Intel's chief executive has generally pleased investors and financial analysts, but employees expressed mixed feelings following Tan's initial address, in which he ...
Add Yahoo as a preferred source to see more of our stories on Google. PORTLAND, Ore. (KOIN) — Intel is suing a former employee for $250,000 for allegedly stealing trade secrets. The company filed a ...
Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses. “These are difficult actions but essential ...
Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report. The news comes ahead of Intel’s Q1 earnings call helmed by ...
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