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Nokia Oyj will replace Chief Executive Officer Pekka Lundmark with Intel Corp.’s recently appointed head of artificial ...

Since the end of 2022, the chip manufacturer has laid off almost 23,000 employees. The size of the workforce has thus ...

Intel data center and AI boss Justin Hotard is leaving to become Nokia’s next CEO—a move that happened not long after the ...

Intel has laid off about 1,059 employees in Folsom, according to California’s Employment Development Department.

Hotard’s experience at Intel gives him expertise in a business Nokia’s hoped will spur growth. Nokia has in recent years struggled with low operator investment into the next generation 5G ...