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Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Layoffs would be the first major restructuring under new CEO Tan Lip-Bu, who took the helm in March. Read more at ...
Many large employers have begun enforcing return-to-office policies over the past two years. Nike began requiring employees ...
Intel will cut an unspecified ... Tan did not specify the number of layoffs the company is planning, despite a report from Bloomberg earlier this week that the chipmaker plans to cut 20% of ...
Today is Intel’s Q1 2025 earnings call, and the first we’re truly hearing from new Intel CEO Lip-Bu Tan, who took over the ...
Chip-maker Intel plans to cut over 20% of its workforce to reduce bureaucracy and rebuild its engineering culture under new ...
Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.