Intel Plans To Slash Over 20% Of Workforce As Lip-Bu Tan Carries Out Major Restructuring: Report
Wednesday, 23 April 2025 ()
Intel Corporation (NASDAQ:INTC) reportedly plans to reduce more than 20% of its workforce as part of a major overhaul under new CEO Lip-Bu Tan. What Happened: The layoffs are targeted toward reducing bureaucracy and streamlining Intel's focus on engineering excellence, reported Bloomberg on…
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