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Intel, the chip manufacturer, is cutting costs in many sectors, including its workforce, to bolster investment in technology.
Intel CEO Lip-Bu Tan plans to cut 20% of the company’s workforce, according to a report by Bloomberg Tuesday.
In other words, investors shouldn't expect Intel's turnaround efforts to bear fruit anytime soon. But can the chipmaker's new ...
After being Intel’s CEO for about one month, Lip-Bu Tan is taking swift action to address the company’s challenges. This ...
Bu Tan has announced sweeping restructuring measures including layoffs, management cuts, and an expanded return-to-office ...
His more immediate predecessors have been less illustrious. Mr Tan inherits a company that has lost its edge. Intel is ...
Intel's CEO Lip-Bu Tan plans layoffs and enforces a stricter in-office work policy aiming to boost productivity and reduce ...
Challenging NVIDIA’s clout won’t be easy. The chip giant now offers full-stack AI data centers, including chips and software.
Among investors, new Intel CEO Lip-Bu Tan's early plans don't translate into newfound hope for the chipmaker's prospects.
Intel reported 1Q 2025 financial results. This follows a Bloomberg report April 22 explaining the tech giant plans to cut ...
New CEO Lip-Bu Tan plans major changes in the way Intel operates but hasn't made any significant changes in strategy.
Intel's new CEO confirms he met with executives who built and run Taiwan Semiconductor Manufacturing Co. Both companies are ...