lip-bu tan - Search News

News

Intel, CEO Tan and Hard but Necessary Decisions

“No more blank checks”: Intel lays off 25% of workforce, CEO defends ‘Hard but necessary decisions’

Intel is to cut down around 24,000 employees this year, which roughly accounts for a quarter of its workforce. The company has reportedly decided to scrap its e

TechRepublic · 4h

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.

Reuters · 1d

Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue "no more blank checks.

Intel, CEO Tan and Comeback Plan Worries

Investopedia on MSN · 14h

Intel Plans to Spin Off Its Networking Unit as CEO Looks to Shed Assets

Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the direction of new CEO Lip-Bu Tan, according to a Friday report.

Bloomberg on MSN · 16h

Intel Slides After New CEO’s Comeback Plan Worries Investors

Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Seeking Alpha on MSN · 1d

Intel sees 15% workforce reduction as CEO Tan plans revival

Intel (NASDAQ:INTC) is planning to cut 15% jobs and plans to end the year with a global headcount of ~75,000 as a part of sweeping restructuring under new CEO Lip-Bu Tan. A significant workforce reduction has already been finished in Q2 and is a part of Tan's efforts to revive the venerable American chipmaker since he took over in March.

22hon MSN

What is Lip-Bu Tan doing for Intel stock that’s different from Pat Gelsinger?

Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, ...

17hon MSN

Intel to separate networking unit as new CEO Tan overhauls business

Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...

14h

'No more blank checks': Intel looks committed to Arizona, even as it retreats elsewhere

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

19h

Intel slides after CEO struggles to show turnaround on track

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

The American Bazaar18h

CEO Lip-Bu Tan’s Intel overhaul: 15% job cuts, factory pauses

There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...

1don MSN

Intel's German megafab dream is over: CEO Lip-Bu Tan kills the project, beset with setbacks from EU funding to ancient neolithic remains, to save cash

Even in the US, where there's a push for more domestic manufacturing, especially in semiconductors, by consecutive governments, Intel is ramping down construction. Lip-Bu Tan has said it is slowing ...

Cryptopolitan on MSN12h

Intel stock plunges after CEO’s strategy shift

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

Devdiscourse22h

Intel Faces Tumultuous Turnaround amid Foundry Fears

Intel's stocks dropped by 8% following a forecast of higher-than-anticipated quarterly losses and potential withdrawal from ...

18h

Intel Vows To Bring Back Hyperthreading To Boost Competitiveness In The CPU Wars

Steps in the Right Direction," described as "a message from Intel CEO Lip-Bu Tan to all company employees." In it, he ...

Results that may be inaccessible to you are currently showing.

Hide inaccessible results