The layoffs mark the first major move under new CEO Lip-Bu Tan, who took over last month to revive the struggling Silicon ...

Intel Corporation is preparing to cut over 20% of its workforce in a major restructuring plan, according to a report by ...

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

Chipmaker, Intel Corp. is set to cut more than 20% of its staff this week, representing over 21,000 employees this ...

New Intel CEO Lip-Bu Tan has reportedly initiated plans for layoffs exceeding 20% of staff, aiming to cut bureaucracy ahead ...

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 ...

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 20pc of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, it is understood.

The cutbacks could be devastating in Oregon. The chipmaker is the state's largest employer and makes Oregon's most valuable ...