Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce specific layoff numbers.

Do you know rising stars in Silicon Valley? Nominate them for our annual 40 Under 40 special editorial coverage and awards event.

The chipmaker’s new boss, Lip-Bu Tan, told employees that Intel needs to remove “organizational complexity” and become more engineer focused. Yesterday was an eventful day for shareholders and employees of Intel Corp.