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Intel is set to slash nearly 4,000 jobs across the US, with the deepest cuts — 2,400 positions — in Oregon alone. The layoffs ...
The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.
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Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor ...
Revelations of the continued layoffs and new restructuring by the struggling semiconductor firm generated headlines in news ...
Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
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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 ...
In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...
1don MSN
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
Intel CEO Lip-Bu Tan is reportedly considering halting external sales of the company's costly 18A chip process as losses ...
Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...
Tan tells staff that catching up to Nvidia is a lost cause Troubled Chipzilla’s new chief Lip-Bu Tan has decided to pull off ...
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