Chip-maker Intel plans to cut over 20% of its workforce to reduce bureaucracy and rebuild its engineering culture under new ...

Intel will announce plans to slash more than 20 per cent of its workforce this week to reduce bureaucracy and revive its ...

(Reuters) -Intel's director Lip-Bu Tan ... and its important work,” Tan said in a statement. Tan, who has served as executive chair and CEO of Cadence Design Systems Inc, joined Intel's board ...

The semiconductor company has been largely left behind in the artificial intelligence (AI) infrastructure build-out mania, ...

Intel, the chip giant, is getting ready for a major downsizing to stay competitive in the semiconductor industry. This plan ...

New Intel CEO Lip-Bu Tan has reportedly initiated plans for layoffs exceeding 20% of staff, aiming to cut bureaucracy ahead ...

The Role of Lip-Bu Tan and Market Expectations Lip-Bu Tan, the former CEO of Cadence Design Systems, took the helm at Intel earlier this year, bringing fresh hope to Wall Street. His appointment has ...

CEO Lip-Bu Tan released a letter ... and lease back a portion. Tan, a former Intel board member who led the San Jose-based chip design company Cadence Design Systems from 2009 to 2021, took ...

Intel Corporation is planning to lay off more than 20% of its global workforce this week as part of a major restructuring strategy under newly appointed Chief Executive Officer Lip-Bu Tan, according ...

CEO Lip-Bu Tan will announce a drastic reorganization at Intel. This will result in a reduction of 20 percent to the current ...