Intel has announced its decision to spin off its chipmaking division, a move aimed at reversing significant financial losses ...
Cisco, the US tech conglomerate, has announced a major round of layoffs amid declining demand and ramping up investments in ...
Local employment certainly bounced back after the pandemic but it hasn't made significant gains beyond the pre-pandemic high ...
It isn’t clear if the new contract with the federal government, which will provide $3 billion in direct funding to Intel, ...
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.
Intel is a chipmaker, just not one of the exciting ones. Boss Pat Gelsinger is trying desperately to change that: on Monday ...
Intel will produce the specialized "AI fabric chip" for Amazon, using its 18A manufacturing process, which is the company’s ...
Intel CEO Pat Gelsinger announced in August that Intel would be reducing its head count by roughly 15,000 roles (or 15% of ...
Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s plans to cut costs ...
The tech giant is only halfway through its 15,000 worker cull, with staff waiting until October to discover their fate.
Intel stock remains a hold despite being at multi-year lows due to poor earnings, weak guidance, and management struggles.
Intel once saw cash flow of $10 billion per year. Those days are long gone—and there doesn't appear to be much hope for a ...