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Intel Reports Fifth Straight Quarterly Loss; Chen Unveils Layoffs and Restructuring Plan
2025-04-25 /
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Author：小编
Intel's CEO has unveiled a series of sweeping reform measures designed to streamline operations, boost innovation, and enhance agility. These measures include undisclosed layoffs, company restructuring, the elimination of non-core products, and an expansion of the return-to-office policy. The aim is to dismantle bureaucracy and streamline processes. The potential layoffs could affect up to 20% of the workforce, and the company aims to reduce operating costs by $1.5 billion over the next two years.
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