CEO Paul Otellini said Thursday that Intel will undergo a complete restructuring. "We are taking a tight look at spending and structure," Otellini said at the chipmaker's shareholder meeting. "We are ...

Intel CEO Pat Gelsinger announces that top data center executive Navin Shenoy is leaving as the company restructures the Data Platform Group into two business units and forms two new divisions: the ...

Intel is expected to announce up to 10,000 job cuts as soon as Tuesday, as it moves to adopt a more streamlined and profitable business structure. The company has made no secret of its intention to ...

Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker. First reported by Manufacturing Dive, the number comes from updated Worker ...

Intel (NASDAQ:INTC | INTC Price Prediction) and Taiwan Semiconductor Manufacturing (NYSE:TSM) just delivered very different ...

Intel Corp. plans to wind down its automotive business and lay off most of the unit’s employees. The Oregonian reported the development Tuesday, citing an internal company memo. Intel confirmed the ...

Intel spun out its RealSense subsidiary, in the latest chapter of the embattled chip giant's restructuring saga. Friday saw the computer vision (CV) firm announce its independence from Intel with the ...

Intel Corp. INTC has sold its stake in Arm Holdings ARM, a British chip firm, as part of its ongoing restructuring strategy. What Happened: Intel, which is currently undergoing a major restructuring, ...

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