Intel has begun laying off employees under new CEO Lip-Bu Tans major cost-cutting push, with 107 staff at its Santa Clara ...

Intel is undergoing a seismic shake-up, axing jobs and abandoning its automotive chip division as part of a cost-cutting ...

Intel has started cutting jobs in California. It is also shutting down its automotive chip unit, as part of CEO Lip-Bu Tan’s broader cost-cutting and restructuring strategy.

Intel’s automotive business isn’t one of its major divisions, the company doesn’t even disclose its revenue or workforce ...

Intel has been making industrial chips for the car industry since 1976, but in the last decade or so, it has been moving into ...

Intel is making a clean break from the road. In a decisive move to sharpen its focus and rein in spending, the tech giant has confirmed it will shut down its automotive unit and lay off most of the ...

Intel (INTC) is reportedly shutting down its automotive unit and will lay off most employees in that segment, the company told staff in an internal message. “The company plans to wind down the Intel ...

Intel’s stock surged 6.4% after positive developments boosted investor confidence. Counterpoint Research revealed Intel grabbed 6.5% of the foundry market, ranking second behind TSMC. Samsung’s pivot ...

Intel has begun layoffs that were foreshadowed by CEO Lip-Bu Tan with a notice sent to California last week detailing roles ...

The company plans to outsource a large portion of its marketing functions to Accenture (ACN), tapping into the consulting ...

Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step ...

Intel plans on outsourcing many of marketing jobs to Accenture that will use AI for marketing. Here's what it may mean for ...