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

Intel’s decision to slow the pace of construction is not expected to change its timeline to open, which is set for 2030 or ...

State and local officials are reacting to Intel's announcement that the company was slowing construction on its $28 billion ...

Intel’s announcement it’s “slowing construction” came as a surprise to many. NBC4 is digging into what the company means by ...

Intel’s project in Ohio is being pushed back again. In a news release sent out by CEO Lip-Bu Tan, he said Intel will be ...

Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Shares of Intel Corp. slid nearly 10% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Intel shares sank 9pc today after the company’s chief executive said it will lay off about 15pc of its employees this year, some 24,000 people. Lip-Bu Tan also said it would take a “fundamentally ...

The warm summer weather has so many of us spending time outdoors – going to summer camps, grilling out and enjoying local ...