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Tech giant Intel to lay off hundreds more
Intel’s cost-cutting move hits Folsom campus, hundreds of job cuts expected
In August, the tech giant said it planned to reduce its global employee headcount by more than 15% by the end of 2025.
Tech giant Intel to lay off hundreds more from Folsom campus
FOLSOM — Silicon Valley's Intel announced it will begin a new round of layoffs from its Folsom campus in November. Folsom, which is just east of Sacramento, is one of the fastest-growing California cities, and tech jobs are a big reason for it.
Bay Area tech giant Intel's sweeping layoffs include hundreds in California
Intel, the Bay Area chipmaker, is cutting 319 jobs in Northern California as part of its massive 15,000-worker slash. The company is struggling.
Intel’s U.S. layoffs top 2,250 with job cuts in Oregon, Arizona, Texas and California
Intel has laid off more than 2,250 U.S. workers this week with job cuts at the chipmaker’s offices in Texas, California and Arizona, in addition to the 1,300 Oregon layoffs the chipmaker announced Tuesday.
Intel Corp. to lay off over 300 California employees across Folsom, San José offices
Intel Corp. plans to lay off over 300 employees across its Folsom and San José offices by next month. The semiconductor company plans to permanently lay off 272 employees from its facility along Prairie City Road in Folsom and 47 employees from its facility along Innovation Drive in San José,
1,300 jobs will be eliminated at Intel’s Hillsboro campus, company tells state
One of Oregon’s largest private employers told the state Tuesday it’s permanently laying off 1,300 workers. Chipmaker Intel has its headquarters in Santa Clara, Calif., but the heart of its semiconductor research and development is in Hillsboro.
Intel Eyes Altera Stake Sale To Raise Billions
Intel is seeking an investor for a stake in its Altera chip unit, CNBC reports
Last month, Intel CEO Pat Gelsinger mentioned in a message to employees that the company was looking to sell part of its stake in Altera to "carefully manage our cash as we meanin
Intel Stock Rises on Report That It Might Sell a Stake in Its Altera Business
Intel shares rose Friday, lifted by indications that it is looking for a big outside investment in its Altera programmable chipmaking unit.
Intel Eyes Altera Stake Sale To Raise Billions As Chipmaker Struggles To Gain Ground In AI Boom
Intel reportedly seeks to sell a minority stake in its Altera unit, aiming to raise billions in cash as the company struggles with market share losses and stock declines. Intel is looking for a deal that values Altera at around $17 billion,
1d
Will A Q3 Surprise Reverse Intel Stock's 55% Decline?
While Intel continues to face competition from AMD’s Ryzen line, which could impact growth, the company gained some share in ...
7h
on MSN
Tech giant Intel to lay off hundreds of employees in Sacramento County
"As part of the broad-based cost savings plan we announced in August, we are making the hard but necessary decisions to ...
2d
Intel is a security risk for China, says influential industry group
Intel products sold in China should be subject to a security review, the Cybersecurity Association of China (CSAC) said on ...
2d
Intel Is Executing The One-Two Punch It Needs For Its PC Business
Further expanding this design approach to its desktop chip portfolio is likely just what the doctor ordered for Intel.
1h
Intel's 128-core wonder processor is also its most expensive CPU right now, Xeon 6980P costs more than twice its AMD's 128-core rival, the EPYC 9754
Pricing for Intel's new Xeon 6900P processor family has been announced, and it's steep, making it the most expensive x86 CPU ...
2d
on MSN
Intel is bringing back one of its most frustrating types of CPUs
An early benchmark for the Core 5 210H processors suggests that Intel is rebranding Raptor Lake and Alder Lake CPUs for its ...
2d
Intel faces headwinds in China as trade body calls for security probe
The Cybersecurity Association of China accused the U.S. chipmaker of threatening national security as well as consumer ...
2d
Intel China responds to accusations of security issues from Chinese cyber association
Intel's China unit said on Thursday it has always prioritised product safety and quality, after an influential Chinese ...
9h
on MSN
House Intel Committee chair demands WH briefing on North Korean troops in Russia for possible Ukraine deployment
North Korean troops, either attacking Ukraine from Russian territory or entering into Ukrainian territory, must be a red line ...
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