"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

The total value of Costa Rica’s exports fell by 17.5 percent during the first two months of this year compared to the same period of 2014, the Foreign Trade Promotion Office reported this week.The ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel said on Thursday it is laying off 15% of its workforce and new CEO Lip Bu Tan presented a blueprint for a more ...

Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...

Intel is rumored to be laying off more than 1,500 employees in Costa Rica and moving its manufacturing units to Vietnam. Neither Intel nor the Costa Rican government has dispelled the rumor, with the ...

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...

Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.

This week, Bank of America announced 3,000 layoffs across operating sites in Costa Rica; Guadalajara Mexico; and Taguig City, Philippines. Intel Corporation also announced the layoff of the majority ...

President Laura Chinchilla and President-elect Luis Guillermo Solís wrangled this week with the political consequences of microchip giant Intel’s exit from Costa Rica, while observers search for the ...

Intel To Invest $1.2B In Costa Rica Over the next two years, U.S. chip manufacturer Intel is planning to invest $1.2 billion in Costa Rica, where it employs 3,300 workers. 09/06/2023 ...