Intel Corporation will lay off between 15% and 20% of its Intel Foundry division workforce beginning July 2025.

With Hotard's departure, it seems like Intel is taking another step backward at a time when the company desperately needs to fill its leadership ranks with capable talent. That the company's ...

Under Gelsinger’s leadership, the company made some big strides. Intel’s 12th generation of processors marked a significant turning point in the company’s desktop processors, and an ...

The departure of Gelsinger may also encourage ... Under Pat Gelsinger's leadership, Intel was determined to remain independent and was more focused on internal restructuring to turn things around.

Intel bolsters its AI chip strategy with new executive hires, including a Chief Revenue Officer and key engineering VPs, ...

(Bloomberg) -- The abrupt departure of Intel Corp. Chief Executive Officer ... Bloomberg News has reported. “This leadership change increases the probability of divestitures,” Bloomberg ...

Now, Intel's leadership hole is getting even deeper ... Intel has not released a statement on Hotard's departure, though he said in Nokia's press release: "I am honored by the opportunity to ...