Intel CEO's Strategic Changes

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Intel Confirms Mass Layoffs

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.

PCMag on MSN · 4d

Intel Confirms Mass Layoffs, Over 24,000 Jobs To Be Cut This Year

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

The Verge on MSN · 4d

Intel is laying off 24,000 employees and retreating from some countries

Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around 24,000 people this year — shrinking Intel by roughly one-quarter. (It has also divested other businesses,

Hoodline4d

Intel Decelerates Ohio Project Construction, CEO Cites Alignment With Market Demand Amid Financial Adjustments

Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.

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Intel’s new CEO ‘isn’t thinking about massive changes’

New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday.

Total Telecom7h

Intel to spin off networking unit in latest streamlining effort

The decision to spin off the networking unit should come as little surprise. Intel’s new CEO Lip-Bu Tan, who took over the ...

CRN4d

Exclusive: Intel Reveals Plan To Spin Off Networking Business In Memo

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

buckeyeswire.usatoday22d

Intel's new CEO considers big chipmaking shift, Reuters reports

Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two ...

USA Today22d

Intel, investing billions in Ohio plants, considers big change

Intel's new CEO considers big chipmaking shift, Reuters reports Max A. Cherney, Jeffrey Dastin, Stephen Nellis Reuters 0:05 ...

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