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 ...

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 .

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.

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 CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

In a move likely to raise a few taxpayer eyebrows, Intel said today that it will cut 15 percent of its workforce, or more than 15,000 jobs, as it struggles to rebound from disappointing results ...

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

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

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.