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Intel CEO Announces More Layoffs, Return-to-Office Mandate
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4 Articles
Intel CEO announces more layoffs, return-to-office mandate
(KRON) -- Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a letter to all company employees posted Thursday, Intel CEO Lip-Bu Tan said the company would be reducing its headcount by 15% by the end of the year, reducing its global workforce to about 75,000. With Intel's current workforce estimated to be around 100,000, t…
and will cancel billions of dollars in projects to try to recover.July 26, 2025.-The American chip giant faces a strategic crossroads as he pursues rivals like Nvidia and TSMC in the global silicon boom, reported Los Tiempos de Lo...
The CEO of Intel announces a 15% reduction in its workforce, a refocusing on three strategic priorities and a reorganisation of the hierarchy as necessary for the survival of the company Lip-Bu Tan, newly named CEO of Intel, has unveiled a strategic letter addressed to employees, in which he announces drastic measures to straighten the company. On the program: reduction of 15% of the workforce, radical reorganization of the hierarchy, refocusing…
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