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Intel's share price tumbled 26% to $21.48 on Aug. 2, the day after it announced quarterly results, the job cuts and the dividend suspension. The shares closed Wednesday down 3.6% at $18.99 and ...
The layoffs at Intel are in line with a cutting of the fat from many tech companies in recent years. In 2024 alone, Google announced layoffs that could affect Austin, ...
In October 2022, Intel announced a cost-reduction plan that included "people actions", aimed at slashing annual costs by $3 billion in 2023, reducing the chipmaker's headcount to 124,800 at the ...
Intel's fall from grace seemed to happen all at once.Shares of the once iconic chipmaker plummeted 60% in 2024. The company posted the biggest loss in its 56-year history in its latest quarterly ...
Republican Senator Rick Scott on Wednesday asked Intel CEO Pat Gelsinger for more details on the company's plans to cut more than 15,000 jobs despite being set to receive nearly $20 billion in U.S ...
Intel Brand Book is a book produced by Red Peak Branding as part of Intel's new brand identity campaign, celebrating the company's achievements while setting the new standard for what Intel looks, feels and sounds like.
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California. Processors are manufactured in semiconductor fabrication plants called "fabs" which are then sent to assembly and testing sites before delivery to customers.
Intel (NASDAQ:INTC) announced that it is enacting a new round of layoffs as the company announced that it will consolidate some of its operations under Indian IT contractor Infosys.The Santa Clara ...