Reported 1 day ago
Intel CEO Lip-Bu Tan revealed a significant workplace overhaul aimed at enhancing innovation and reducing bureaucracy, emphasizing that key leadership teams will now report directly to him. The new policy also includes requiring employees to return to the office four days a week starting in Q3. While Tan aims to recruit talent and streamline operations, Intel faces potential layoffs of 20% of its staff after previous cuts, as the company struggles in a competitive AI-driven market.
Source: YAHOO