Intel Cuts More than 100 Employees at Santa Clara HQ

Intel shuts down auto division: Triggers layoff storm

According to a report, Intel communicated to employees via an internal memo announcing a renewed focus on its core client and data center portfolios.

Intel Layoffs: Company Starts Fresh Job Cuts, Sacks 107 Employees Linked To Headquarters

Intel has begun layoffs affecting 107 employees in Santa Clara as part of a restructuring plan. CEO Lip-Bu Tan aims to cut $500 mn in expenses this year and $1 bn next year.

Intel to shutter its automotive business, lay off department employees

The move is the latest in CEO Lip-Bu Tan’s mission to cut costs as the chipmaker lays off 107 workers in California.

Intel cuts over 100 jobs at Santa Clara headquarters

(KRON) -- Intel is laying off more than 100 workers at its South Bay headquarters, according to state filings with the Employment Development Department. The filings indicate that the chipmaker will slash 107 jobs at its main campus in Santa Clara. According to a report in the Oregonian, Intel is also shutting down its small automotive business and laying off a majority of the workers in that section. Citing an internal memo, the Oregonian repor…

Intel is forming a bunch of bullish chart patterns like the cup-and-handle and golden cross

Fran Cappelleri uncovered some cool patterns forming for the chipmaker's chart.

Intel hits the brakes on its automotive business, and layoffs have started

Intel has decided to close down its automotive business, a decision that will lead to layoffs.