Intel is poised to announce plans this week to cut more than 20% of its workforce, a source has said.
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Intel has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver Lake.
New Intel CEO Lip-Bu Tan has outlined a leaner version of the iconic American chip maker.
Intel’s incoming CEO, Lip-Bu Tan, is considering significant changes to the troubled company’s operations.
Lip-Bu Tan may be one of the most powerful technology executives you’ve never heard of.
Intel’s sudden ouster of its CEO, Pat Gelsinger, has led to even more investors throwing in the towel.
The company has enlisted executive search firm Spencer Stuart to help find a new chief and is evaluating candidates.