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Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...
The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN ...
Intel’s mass layoffs amped up considerably Friday evening with word that the company plans to lay off nearly 2,400 Oregon workers — nearly five times as many as it had reported earlier in the week.
The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...
Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...
The overall semiconductor sector has been on an upward trend in recent weeks, and Intel stock, which is still down around 32% ...
Nearly four years after Intel said it would “wind down” its RealSense computer vision business, the division has spun out ...
Intel CEO Lip-Bu Tan has told employees that the company has fallen out of its leadership position and apparently is behind ...
New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe technical ...
The comments come as Intel begins thousands of layoffs across multiple locations, a sweeping move aimed at making the company ...
Intel is spinning off RealSense as a separate company, after its depth-camera tech failed to make a dent in the PC space.
Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...