Intel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu Tan admitted the company can no longer compete in high-end AI hardware and ...

Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...

Our sources tell us mostly back office staff were let go, and that the mood in the office is very pessimistic Updated  Intel has filed documents that reveal plans to fire around 5,000 staff, mostly in ...

Pushback from law enforcement associations and Jewish orgs came after Nextgov/FCW first reported plans to shed most staff ...