This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.

Even judged purely as a private equity play, Intel’s not doing well. The losses are still growing, rivals are increasingly taking market share, there is still no AI strategy and its credit rating has ...

Intel’s mass layoffs amped up considerably Friday evening with word that the company plans to lay off nearly 2,400 Oregon workers — nearly five times as many as it had reported earlier in the week.

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

Intel announces nearly 5,000 job cuts across California, Oregon, Arizona, and Texas as part of a major restructuring and cost-cutting effort under new CEO Lip-Bu Tan.

Intel, the global semiconductor giant has announced a a wave of layoffs in July, with the total number of employees crossing the 5,000 mark. This wave of wave of layoffs will affect more than 5,000 ...

The new Intel CEO Lip-Bu Tan has announced extremely drastic cuts to stop the losses. Tens of thousands of employees should ...

As Intel exits automotive chips and outsources its marketing to Accenture, it is also cutting 1 in 5 jobs in its Foundry division, which handles manufacturing and R&D.

Accenture Plc ACN shares are trading lower Thursday after it reported third-quarter results. The company reported third-quarter FY23 revenue growth of 3% year-over-year to $16.57 billion ...