Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President ...

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 ...

Intel reportedly preparing to lay off 21,000 workers - around 20% of its workforce It also laid off 15,000 workers less back in August 2024 CEO Lip-Bu Tan wants to address the company’s current ...

Under-fire Intel Corp. Chief Executive Lip-Bu Tan is due to meet his fiercest new critic, U.S. President Donald Trump, at the White House today to discuss calls for his resignation over alleged ...