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Intel cuts back spending, workforce
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Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Intel CEO Lip-Bu Tan sent a memo to employees Thursday informing them of significant ongoing layoffs and other cost-cutting ...
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
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Intel could leave the chip manufacturing business unless it adds a next-gen tech partner
Intel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...
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Former Intel employee says understanding AI is key to Ohio’s emerging tech market
Silicon Valley insider and former Intel employee James Cape said Ohio is well-positioned to become a technological ...
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