Intel CEO Lip-Bu Tan has said he plans to cut “unnecessary bureaucracy” and take the chipmaker back to its roots and “empower our engineers,” following the company posting flat year-over-year (YoY) revenue results for Q1 2025.
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https://www.datacenterdynamics.com/en/news/intel-posts-flat-q1-2025-revenue-reduces-capex-and-says-expect-job-cuts-in-q2/