The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

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.

Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.

Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...

Intel is gearing up to slash thousands of employees in multiple regions. Earlier it was estimated that the company would cut around 4k jobs. The upcoming layoffs that will impact engineers, senior ...

Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

AWS laysoffs hundreds as Amazon doubles down on AI, trims bureaucracy, and refocuses on long-term growth priorities.

Intel has begun a new round of layoffs, with over 5,000 employees losing their jobs across four U.S. states. The cuts are ...

The startup is cutting 27 workers at its Fremont facility, 25 in Orange County and Mojave as it shifts to production.

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Despite laying off thousands, big tech companies are spending vast amounts to attract top AI talent, driving salaries to ...