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Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel's new CEO Lip-Bu Tan is considering a shift in the manufacturer's contract chip-making business, a change that could ...
Intel said it plans to begin laying off hundreds of workers in Oregon as part of previously announced cuts under its ...
Intel CEO Lip-Bu Tan still slicing and dicing to save the company money, with reports suggesting it would trim down its Intel ...
Intel CEO Lip-Bu Tan is reportedly considering halting external sales of the company's costly 18A chip process as losses ...
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
Even after big job reductions in 2024, it's been clear for months that more cuts were on the way under new Intel CEO Lip-Bu ...
According to Quiver Quantitative, Lip-Bu Tan owns 1.4 million shares of CDNS stock and has sold 7.7 million shares since 2021, which are estimated to be worth $251.1 million.
In his letter to Intel employees, new chief executive officer Lip-Bu Tan, who starts his new job next Tuesday, tells them that he is “never deterred by challenges.”And that is a good thing because ...