Intel to Cut 22% of Workforce as Deeper-than-Expected Loss Forecast Triggers Restructuring
This downsizing is just one piece of an overhaul led by newly appointed CEO Lip-Bu Tan
This downsizing is just one piece of an overhaul led by newly appointed CEO Lip-Bu Tan
Intel has been losing ground, value, and relevance for years. In five years, its stock has plunged by 67%
Following the announcement, Intel’s shares surged by 12% in extended trading, showing that investors are confident about his leadership
