Intel is embarking on a significant organizational overhaul under the leadership of its new CEO, Lip-Bu Tan. The company aims to streamline operations, reduce management layers, and enhance decision-making speed. While the exact number of job cuts has not been officially confirmed, reports suggest that up to 20% of the global workforce could be affected. Intel has indicated that final …
Read More »Tag Archives: lip-bu tan intel
Intel Ireland dismisses job cut reports as ‘rumour and speculation’
Intel Ireland has declined to confirm reports that the company is preparing to lay off more than 20% of its global workforce, calling such claims rumor and speculation. The speculation follows a Bloomberg report suggesting the company could soon announce significant job cuts to streamline operations and address internal inefficiencies. A spokesperson for Intel Ireland told RTÉ News there would …
Read More »