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Anticompetitive Practices

Intel Reduces EU Fine From €1.06 Billion to €376.36 Million

Intel's legal battles continue as it reduces a historic EU fine due to anticompetitive practices from €1.06 billion to €376.36 million. The company was found guilty in 2009, but is no longer the do...

chipmakerA representation of Intel's workforce reduction and cost-cutting strategy.

Intel Lays Off 10,000 Employees Amid $10 Billion Cost-Cutting Initiative

Intel has announced a reduction of over 10,000 employees as part of a $10 billion cost-saving plan. This decision comes after reporting a $1.6 billion loss in Q2 2024, primarily driven by challenge...