Intel to lay off about 17,500 employees to cut $20 bn in expenses

California/IBNS: American tech major Intel Corporation announced Thursday (Aug 1) that it will slash more than 15 percent of its workforce in a cost-saving move, following which the company's share price plunged 20 percent in extended trade, losing more than $24 billion in market value.

Intel planning to cut thousands of jobs in cost-saving move: Report

California/IBNS: American tech major Intel Corporation is likely to announce layoffs for thousands of employees as early as this week, Bloomberg reported, citing sources in the know.

Intel to provide expertise to 8 Indian companies to create 'Make In India' laptops

Leading tech company Intel has joined forces with eight Indian firms located in Delhi, Uttar Pradesh, Karnataka, Maharashtra, Tamil Nadu, and Haryana to accelerate the production of laptops in the country, media reports said.

Intel co-founder Gordon Moore dies

California: Intel and the Gordon and Betty Moore Foundation has announced that company co-founder Gordon Moore has passed away at the age of 94.

Airtel and Intel announce collaboration to accelerate 5G in India

Kolkata/IBNS: India's second largest wireless carrier Airtel Wednesday announced a collaboration with Intel for 5G network development by leveraging vRAN / O-RAN technologies.

Intel names Robert Swan as CEO

California, Feb 1 (IBNS): IT major Intel Corporation on Friday announced that its board of directors has named Robert (Bob) Swan as chief executive officer.