This will be the first major reinforcement under the leadership of the new Lip-Bu Tan’s new general director, leading Intel in March.
In the coming days, Intel officially announces a reduction to more than 20% of employees. Bloomberg reported this reference to an unidentified source.
It is mentioned that it will be the first big repair under the guide of the new CEO Lip-Bo Tan, which leads Intel in March.
The purpose of dismissal is to simplify the management structure and restore the company’s engineering culture.
Last year, Intel fired nearly 15 thousand people. By the end of 2024, 108,900 people worked with the company.
The purpose of the new general director of the company is to sell non -core assets, improve the product line and update labor processes. Intel has already sold 51% of its altera division to the Silver Lake Investment Fund.
According to Lip-Ba Tan, the company needs to update staff, especially engineers, and the best production adaptation to customer requests. According to him, the return of the competition will last time, and it is “not easy.”
Intel will announce financial results for the first quarter of 2025 on April 24.
Earlier it was reported that South Korea manufacturer of Electronics Samsung Electronics had planned to reduce to 30% of its foreign employees in several departments.
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Source: korrespondent
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