News

Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
“The transition of our marketing and operations functions will result in significant changes to team structures, including ...
Intel has been making industrial chips for the car industry since 1976, but in the last decade or so, it has been moving into ...
Lip-Bu Tan carries on Gelsinger’s spring clean  Troubled Chipzilla has finally decided its in-house automotive dabbling isn't ...
Intel’s automotive business isn’t one of its major divisions, the company doesn’t even disclose its revenue or workforce ...
Key functions such as engineering, management, and senior leadership have been disproportionately impacted across many firms ...
Intel not only wants to relieve thousands of employees again soon, but also plans to hire all activities in the automotive ...
Intel is making a clean break from the road. In a decisive move to sharpen its focus and rein in spending, the tech giant has ...
Intel has initiated a round of layoffs following plans confirmed by the firm this April. As reported by IT publication CRN, ...
Intel is to close its automotive chip unit and lay off ‘most’ of its employees. The unit operates out of Munich and designs ...