Intel is aggressively cutting its workforce, planning to shrink it by more than one-third to combat operating losses and achieve financial stability. Intel’s Recent Steps Are Towards Achieving Financial Efficiency In Order to Boost Shareholder Value Team Blue’s CEO, Lip-Bu Tan, was expected to come up with strategies that would be aggressive, but necessary to steer Intel towards an economic rebound, and one of the core strategies adopted by Tan is widespread layoffs. Intel has been reporting a process of layoffs for several weeks now; however, in the recent Q2 earnings, the firm revealed that it plans to have a […]
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