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Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
New CEO at Intel shifts chip manufacturing business model Tan has requested that teams explore alternatives, such as halting the external marketing of 18A and its variant, 18A-P. Intel may have to ...
Intel’s CPU roadmap appears poised for a radical transformation. According to leaked documents cited by ITHome and ...
Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker’s dramatic downsizing. “Intel plans to wind down ...
Intel's new CEO is just beginning to reorganize the business and could take years to show positive results with AI missed.
Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive ...
New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday ...
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Intel confirms more than 5000 layoffs: How tech sector is shifting toward leaner, more ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Intel's CEO, Lip-Bu Tan, announced layoffs and a stricter RTO mandate in a Thursday memo. The company also reported flat revenue and a significant loss. Its stock was down after hours.
Intel's new CEO Lip-Bu Tan is considering a shift in the manufacturer's contract chip-making business, a change that could cost Intel billions, according to Reuters. ...
When Intel CEO Lip-Bu Tan told employees last Thursday that he is creating a “flatter structure” for his executive leadership team, he spelled out several changes. Outlined in a memo seen by ...
Tan was announced as Intel’s new CEO last week. He rejoins the company on Tuesday after exiting Intel’s board in August 2024 over clashes with Intel’s former CEO Pat Gelsinger.
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