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Why Intel Stock Is Jumping Today
Shares of Intel ( INTC 7.29%) are spiking on Tuesday, up 6.4% as of 1:13 p.m. ET. The move comes as the S&P 500 ( ^GSPC -0.07 ...
Intel to Cut 529 Jobs in Oregon as Part of Layoff Plan
The layoffs will affect 529 employees at Intel's facilities in Aloha and Hillsboro starting on July 15, the company said in a Worker Adjustment Retraining and Notification filing on Monday. Employees ...
Intel to lay off workers amid company overhaul, continued financial headwinds
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
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Intel cuts more than 500 jobs in Oregon
The global semiconductor firm signaled earlier this year layoffs were coming. Tuesday’s filing with the state shows 529 ...
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Intel begins layoffs to become ‘leaner, faster, more efficient company’
Intel has begun layoffs in order to become a “leaner, faster and more efficient” company as part of the new CEO’s vision for ...
Intel's new CEO considers big chipmaking shift, Reuters reports
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
Intel's AI-Fueled Comeback - Why The Chip Giant Is Back In The Game
Intel is undergoing a major transformation, shifting from a CPU-centric model to a multi-platform foundry and AI silicon ...