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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.
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 ...
Q1 2025 Earnings Call Transcript April 24, 2025 Intel Corporation beats earnings expectations. Reported EPS is $0.13, ...
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 ...
Intel ( INTC -6.75%) stock is seeing big sell-offs Friday following the company's first-quarter report. The company's share price was down 7% as of 2:45 p.m. ET and had been down as much as 10% ...
New CEO Lip-Bu Tan plans major changes in the way Intel operates but hasn't made any significant changes in strategy.