Intel CEO Lays Out Plans to Cut Staff, Costs and Bureaucracy to ‘Reinvent an Industry Icon’

Intel CEO Lays Out Plans to Cut Staff, Costs and Bureaucracy to ‘Reinvent an Industry Icon’

Chip giant Intel on Thursday announced its first-quarter financial results and laid out a cost-cutting plan designed to “reinvent” the company.

Intel officials didn’t confirm reports of extensive job cuts, but although CEO Lip-Bu Tan said…

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https://finance.yahoo.com/news/intel-ceo-lays-plans-cut-153354707.html