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Intel, Lip-Bu Tan

Intel CEO Lip-Bu Tan Announces Workforce Cuts and Stricter Office Policy Amid Restructuring Efforts

Intel's CEO Lip-Bu Tan plans layoffs and enforces a stricter in-office work policy aiming to boost productivity and reduce costs.

The Business Journals · 2d

Intel's new CEO Lip-Bu Tan faces debut earnings call amid layoff rumors

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SiliconANGLE · 11h

Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision

Today’s earnings call is notable as the first for the company since Lip-Bu Tan (pictured) took over the reins as the company’s new chief executive. He joined the company in March, ending its months-long search for a successor to previous CEO Pat Gelsinger, who was forced to resign in December amid pressure from board members and investors.

Intel CEO calls for layoffs

SFGATE on MSN · 22h

Bay Area tech giant Intel's new CEO confirms layoffs, orders more in-office days

Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right its course.

USA Today · 1d

Intel CEO calls for layoffs as tech giant loses $821 million

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce specific layoff numbers.

Engadget · 14h

Intel confirms layoffs as it tries to 'make engineers more productive'

This will begin in Q2 and we will move as quickly as possible over the next several months." Intel has been downsizing significantly over the last few years. Just last August, the company said it would cut more than 15,

13h

Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture

When headcount becomes a KPI, bureaucracy grows and productivity stalls. Intel’s culture reset is a cautionary tale for every business leader.

Palm Beach Post1d

Intel, TSMC leaders try to find area for 'collaborating.' What could it mean in Arizona?

Intel CEO Lip-Bu Tan confirmed a meeting with TSMC CEO C.C. Wei, exploring potential collaboration between the ...

14hon MSN

Intel shares fall as dour forecasts overshadow CEO's turnaround promises

Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan ...

14h

Intel CEO announces massive layoffs, stricter in-office mandates, and huge spending cuts

In a note to investors, Tan wrote that Intel would be streamlining its operations. That means cuts to various departments, ...

15hon MSN

Intel CEO’s Bid to Revive Firm Overshadowed by Bleak Outlook

Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...

21hon MSN

Intel offers weak forecast amid trade tensions as CEO talks to TSMC

Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO ...

1d

Intel’s new CEO signals streamlining efforts but does not spell out exact layoff numbers

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.

6h

Intel slides as Wall Street digests 'no quick fixes'

Among investors, new Intel CEO Lip-Bu Tan's early plans don't translate into newfound hope for the chipmaker's prospects.

10hon MSN

Intel stock slides, employees fret as turnaround prospects dim

New CEO Lip-Bu Tan plans major changes in the way Intel operates but hasn't made any significant changes in strategy.

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