Intel Corporation is preparing to announce a large -scale personnel reduction that will affect more than 20% of employees. With data Bloomberg is expected to wait this week, referring to informed sources. This decision will be the first major restructuring in the company under the leadership of the new lip-this Tan.
At the end of 2024, the number of Intel staff in the world was 108.9 thousand. Thus, the planned layout will affect approximately 22 thousand employees.
These measures follow the previous decreases. Last year, Intel fired 15,000 people as part of a program to reduce operational costs 10 billion dollars.
The new president of the company, the Lip-Bo Tang, who started to work in March, noted the existence of a slowly inflated and slow management apparatus and warned the need to make “difficult decisions .. According to Bloomberg, the current personnel aims to simplify the management structure and to revive the company culture by emphasizing engineering developments.
The appointment of Lip-Bu Tan, which replaces Pat Gelsinger when Intel had difficulties, was positively perceived by the market. After the upcoming layout reports, Intel shares increased the price by 3.4%.
Earlier apple fined 570 million dollars for the restriction of developers.
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Source: Gazeta
Jackson Ruhl is a tech and sci-fi expert, who writes for “Social Bites”. He brings his readers the latest news and developments from the world of technology and science fiction.