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Even after big job reductions in 2024, it's been clear for months that more cuts were on the way under new Intel CEO Lip-Bu ...
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel has begun layoffs in order to become a “leaner, faster and more efficient” company as part of the new CEO’s vision for ...
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 ...