The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.

California now has one of the nation’s worst jobless rates, with the Bay Area and state both losing thousands of jobs during ...

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

California lost a net 6,100 jobs, including 9,900 layoffs in business and professional services. Health care and government saw job gains, but other sectors all shrunk.

Intel, a leading chipmaker, has initiated a substantial layoffs programme, cutting over 5,000 jobs across the United States, ...

The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...

Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...

A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.

Microsoft announced thousands of layoffs worldwide, including its gaming division, as the tech industry continues workforce ...

Despite tech layoffs, California and Silicon Valley added jobs at end of 2022 While Golden State’s unemployment rate is higher than the nation’s, job growth is also outpacing the national rate ...

A new report from the Brookings Institution think tank examines AI adoption, talent and innovation in 387 metropolitan areas.

California’s WARN Act is even stricter, applying when there’s a layoff of 50 or more employees within a 30-day period, and the employer can be liable for civil penalties in addition to the ...