Intel will outline plans to cut more than 20 per cent of its staff, as new CEO Lip-Bu Tan wastes little time in conducting a ...

Intel is set to announce plans this week to cut more than 20 per cent of its workforce in a move aimed at reducing ...

Chipmaker Intel plans to cut roughly 20pc of its staff, or more than 21,000 employees this week, reports Bloomberg.

The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already ...

Tan plans to shed non-core assets and boost product appeal, starting with selling a 51% stake in Altera to Silver Lake. At ...

Intel is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the ...

Intel is poised to announce plans this week to cut more than 20pc of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, it is understood.

Stocktwits feed gained steam on Wednesday after a report said the struggling chipmaker is eyeing deep job cuts even as it ...

Intel is planning to cut over 20% of its workforce, amounting to over 21,000 employees, this week as part of a drastic ...

Intel Corp plans significant job cuts to streamline operations and regain competitive edge in the chip industry.

Struggling US processor Company Intel is set to slash staff numbers by a record 20% with Australia tipped to be affected. The ...

Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a ...