Intel will cut over 400 Bay Area jobs in the latest round of layoffs at the tech giant. The chipmaker will cut 410 jobs in ...

Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...

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

Intel said it plans to begin laying off hundreds of workers in Oregon as part of previously announced cuts under its ...

Intel said it is cutting 15% of its workforce, which translates to around 15,000 jobs, as the federal government is expected to give the comapny $8.5 billion in grants to help bring back ...

While Intel eliminated 5,000 jobs across the company in 2023, it added 1,000 net jobs in Oregon. When Intel last announced a major round of job cuts, in 2016, it eliminated 12,000 jobs .

— Intel, 1,118 job cuts in Santa Clara and San Jose. — Twitter (now X), 900 layoffs in San Jose and San Francisco. — PayPal, 772 job cuts in San Jose.

The job cuts will affect areas including sales, marketing, and administrative roles, Intel said, and would be part of a general cost-cutting plan. The move follows a 5 percent reduction in staff ...

Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals such as Nvidia and AMD.

Intel, the Silicon Valley chip maker, said on Thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after a series of stumbles. The job cuts ...

Overview. NVDA NVIDIA Corp. $136.46 1.21 % Zinger Key Points. Intel faces scrutiny over job cuts despite pursuit of $20B U.S. Chips Act funding; ...

Intel's share price tumbled 26% to $21.48 on Aug. 2, the day after it announced quarterly results, the job cuts and the dividend suspension. The shares closed Wednesday down 3.6% at $18.99 and ...