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The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg ...
Intel has initiated job cuts at its Fab 28 wafer fabrication plant in Kiryat Gat, Israel, marking the first time the facility ...
Intel has cut approximately 4,000 positions across the USA, including 2,392 jobs in Oregon, home to the company's largest US ...
Intel shares jumped Tuesday following news the embattled chipmaker plans to slash hundreds of jobs as part of previously ...
Intel said Thursday it will eliminate 15,000 jobs across the company, acknowledging that the company’s expensive turnaround plan hasn’t delivered results and that the chipmaker needs ...
Intel announced this week it is cutting 15% of its workforce even after it received $8.5 billion in federal subsidies under the CHIPS and Science Act.
In a move likely to raise a few taxpayer eyebrows, Intel said today that it will cut 15 percent of its workforce, or more than 15,000 jobs, as it struggles to rebound from disappointing results ...
Intel is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with rivals such as Nvidia and AMD.
Investing.com - Intel Corporation (NASDAQ:INTC) is set to reduce thousands of jobs as part of a strategy to trim costs and support a significant turnaround effort, sources told Bloomberg on Tuesday.
Intel plans to cut thousands of jobs to support a turnaround strategy amid declining earnings and market share. CEO Pat Gelsinger is focusing on producing semiconductors for other companies.
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 ...