Intel plans major restructuring under new CEO Lip-Bu Tan, cutting 20% of staff to revive engineering focus and counter AI rivals.

Intel is preparing to unveil plans to prune more than 20% of its workforce, a move that the storied chipmaker believes would ...

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

The job cuts, expected to affect thousands, are part of a strategic overhaul led by new CEO Lip-Bu Tan, who assumed the role ...