The chipmaker plans to lay off 384 employees in Arizona, according to a Worker Adjustment & Retraining Notification Act (WARN ...
Through the WARN Act, U.S. labor laws require large employers to notify with 60 days notice before a plant closing or mass ...
Intel has initiated layoffs affecting over 2,000 jobs in multiple US states as part of cost-cutting measures announced in ...
Intel is continuing to build plants in US states Arizona, Oregon ... by the end of the year and will notify more employees of layoffs in mid-October. It’s also planning to slash its global ...
Intel has been attempting to reverse its poor financial outlook after it posted a $1.6 billion loss in Q2 2024. Immediately ...
Intel faces major restructuring amid layoffs and potential acquisition talks, as its stock continues to underperform the ...