Intel is undergoing a significant and painful restructuring effort, which includes substantial workforce reductions.

Intel's new CEO Lip-Bu Tan also reportedly told employees it's too late for the company to catch up with Nvidia in the AI GPU ...

KBR executives Doug Hill and Mark Kavanaugh will lead the Mission Technology Solutions segment and will directly report to CEO Stuart Bradie.

The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...

Intel’s new CEO Lip-Bu Tan is planning to reallocate resources to the 14A chipmaking process, aiming for an advantage over ...

Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two ...

Intel CEO Lip-Bu Tan is initiating a significant restructuring, including layoffs and management changes, to boost innovation and cut costs. The company aims to reduce bureaucracy by flattening ...

After being Intel’s CEO for about one month, Lip-Bu Tan is taking swift action to address the company’s challenges. This includes shifting Intel’s focus back to engineering.

intel layoffs Intel CEO announces massive layoffs, stricter in-office mandates, and huge spending cuts Intel could lay off 20,000+ more employees By Rob Thubron April 25, 2025 at 9:22 AM 40 comments ...

Intel is selling 51% of its Altera programmable logic division to Silver Lake Partners. Altera has a value of $9 billion, and so that deal will generate considerable cash for Intel.

The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had 108,900 employees at the end of 2024, down from 124,800 the previous year.