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Intel’s once-dominant position in chips now looks shaky as layoffs mount, divisions are sold, and competitors gain ground.
Intel (INTC) has been ramping up its efforts to pick up the pieces after facing low sales and revenue for several financial quarters. The chipmaker has struggled to keep up with competitors, such as ...
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
The Oregon layoffs are likely part of a broader belt-tightening at the tech giant. In mid-June, the company said it was ...
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...
The cuts don’t come as a huge surprise. Intel previously said it would remove some layers of management after a Bloomberg ...
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