News

Intel names new executives ahead of July layoffs
Intel hired three new vice presidents Wednesday and promoted another executive, reshaping the company’s leadership ahead of mass layoffs due to begin next month. New CEO Lip-Bu Tan, hired in March, ...
Intel Makes Leadership Changes Ahead of Massive Layoffs
Intel announced a set of leadership changes aimed at CEO Lip-Bu Tan's attempted transition to a more engineering focused ...
Intel to cut as many as 10,000 factory jobs, one of its largest-ever layoffs
In a memo to employees, Intel Manufacturing Vice President Naga Chandrasekaran acknowledged the gravity of the decision. "These are difficult actions but essential to meet our ...
Intel reportedly plans to lay off up to 20 percent of factory workers.
In a memo seen by The Oregonian, Intel manufacturing Vice President Naga Chandrasekara tells workers that the company could ...
Intel tells employees when to expect factory layoffs
Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month. “We have been taking action to build a ...