Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

Intel said it is cutting 15% of its workforce, which translates to around 15,000 jobs, as the federal government is expected to give the comapny $8.5 billion in grants to help bring back ...

Intel's Job Cuts Reflect Further Decline in PC Market, But Not Its Death. Intel announced it's cutting 12,000 jobs, or 11 percent of its workforce. By ABC News. April 20, 2016, 11:41 AM.

Chipmaker Intel says it is cutting 15% of its huge workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals such as Nvidia and AMD.

The pending layoffs appear to be less profound than those Intel implemented in 2016, wrenching cuts that cost 12,000 workers their jobs. But the layoffs could still have an outsized impact in ...

Intel had previously estimated that 90 jobs would be lost at its main headquarters complex in Santa Clara over a 30-day period from Jan. 31 through Feb. 28 of this year.

Intel, the Silicon Valley chip maker, said on Thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover after a series of stumbles. The job ...

While Intel eliminated 5,000 jobs across the company in 2023, it added 1,000 net jobs in Oregon. When Intel last announced a major round of job cuts, in 2016, it eliminated 12,000 jobs .