Intel Corp announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a ...

Intel faces significant challenges, including declining sales, increased debt, and fierce competition, despite cost-cutting ...

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

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

The anticipated job cuts are aimed at streamlining management and reviving an engineering-focused culture within the ...

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

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

Intel has spun off its programmable solutions group as a standalone FPGA company, selling a majority stake in the company to ...

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

Chip-maker Intel plans to cut over 20% of its workforce to reduce bureaucracy and rebuild its engineering culture under new ...

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