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Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.
The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its ...
In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...
The CEO's Thursday memo reflects a broader cultural crackdown across tech.
"We are seen as too slow, too complex and too set in our ways," Tan said, after hearing from customers. The new leader, who ...
The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...
The Intel 4-day office policy will increase the time spent in the office every week. Is the company hoping some workers will ...
When headcount becomes a KPI, bureaucracy grows and productivity stalls. Intel’s culture reset is a cautionary tale for every business leader.
Intel CEO Lip-Bu Tan announced Thursday that hybrid employees must return to the office at least four days a week by ...
Shares of the chipmaker fell even as earnings beat estimates, with the firm posting a weak second-quarter outlook amid tariff ...
Intel confirms the next layoffs, which will primarily affect managers. The management wants to make life easier for engineers ...
The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...