Intel is set to undergo a major restructuring under new CEO Lip-Bu Tan, who aims to cut $1.5 billion in costs over two years. In a bold cultural shift, Tan is eliminating bureaucracy, prioritising ...

Intel CEO Lip-Bu Tan announced a restructuring plan involving layoffs and management changes to regain competitiveness. The ...

Ohio's top union leader is disappointed and concerned following Intel's announcement of significant layoffs, which could ...

Intel’s recent earnings had a poor forward guidance, which led to a correction in the stock. Read why I remain neutral on ...

Gross margins remain under pressure, falling by 410 basis points from 41% to 36.9%. Some of the gross-margin pressure stems ...

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...

After being Intel’s CEO for about one month, Lip-Bu Tan is taking swift action to address the company’s challenges. This ...

Intel CEO Lip-Bu Tan reportedly plans to cut 20% of the company's workforce. Intel is one of the Valley's largest employers.

Meta Platforms has reportedly laid off 100 workers at Reality Labs, the division responsible for its virtual reality and ...

Intel’s new chief executive officer, Lip-Bu Tan, has his work cut out for him, just like his predecessor, Pat Gelsinger, did ...

Intel's CEO Lip-Bu Tan plans layoffs and enforces a stricter in-office work policy aiming to boost productivity and reduce ...

"The economic landscape has become increasingly uncertain, driven by shifting trade policies, persistent inflation and ...