Pat Gelsinger has claimed that Intel was months from collapse before he took charge of the semiconductor company. On his ...

Intel is slashing 15% of its staff as part of a $10 billion plan to reduce costs, the tech company announced in its second-quarter earnings Thursday.

Intel Chief Executive Pat Gelsinger has been forced out less than four years after taking the helm of the company, handing control to two lieutenants as the faltering American chipmaking icon ...

Intel’s stock hit its all-time high more than 24 years ago: on August 31, 2000. In recent years it has plunged — it is currently down a stunning 68% from its record.

So it was really only a matter of time before we got some specifics out of chip stock Intel (INTC) and its new CEO Lip-Bu Tan. The specifics, however, are not catching on the way he likely hoped ...

Intel is reportedly preparing to further reduce its headcount, this time by laying off more than 20 percent of its employees. It could announce a plan to do so as soon as this week.

Intel Will Cut Over 15,000 Jobs Amid Struggles to Turn Itself Around. ... Its gross profit margin, a closely watched metric that once averaged around 65 percent, was 35.4 percent in the quarter.

Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD. In a ...

Intel is slashing 15% of its staff as part of a $10 billion plan to reduce costs, the tech company announced in its second-quarter earnings Thursday.

SAN FRANCISCO (Reuters) -Intel Chief Executive Pat Gelsinger has been forced out less than four years after taking the helm of the company, handing control to two lieutenants as the faltering ...