The layoffs are part of CEO Lip-Bu Tan's plan to simplify management and focus on rebuilding a strong engineering culture. At the end of last year, Intel had about 108,900 employees after already ...

Intel to slash 20 per cent of workforce in latest bloodbath Troubled Chipzilla is back in the firing line, reportedly ...

Chipmaker Intel plans to cut roughly 20pc of its staff, or more than 21,000 employees this week, reports Bloomberg.

Intel is poised to announce plans this week to cut more than 20pc of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter. The ...