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Tech giant Intel to lay off hundreds more
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 reduce the size of our workforce," Intel told KCRA 3 in a statement.
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.
Tech giant Intel to lay off hundreds more from Folsom campus
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.
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,
Intel Eyes Altera Stake Sale To Raise Billions
Intel is seeking an investor for its chip unit as it struggles to keep up in the AI race: report
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,
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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 ...
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 ...
1d
on MSN
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.
6h
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
More than a thousand Intel workers to be laid off from tech firm's Oregon site
California-based tech giant Intel announced earlier this week that more than 1,000 of its Oregon workers will soon be out of ...
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 ...
24/7 Wall St. on MSN
20h
What Intel (INTC) Did Is Almost Impossible
Intel (Nasdaq: INTC) gave up the greatest tech lead in recent history, it’s a major train wreck The acquisition by Qualcomm ...
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 ...
4h
Intel Corp. (INTC): Worst Performing NASDAQ Stock in 2024
We recently compiled a list of the 10 Worst Performing NASDAQ Stocks in 2024. In this article, we are going to take a look at ...
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