Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture

Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture

Lip-Bu Tan’s message to employees cuts to the heart of his critique of the chipmaker’s culture, which he said used the wrong criteria to judge success.

Intel confirms layoffs as it tries to 'make engineers more productive'

Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs. It was reported this week that the company could lay off around 20 percent of staff (it had 108,900 employees at the end of last year). In a memo, new CEO Lip-Bu Tan declined to detail the extent of the downsizing, which is largely aimed at reducing "unnecessary bureaucracy" and layers of middle management. "I’m a big bel…

Intel turns to layoffs as it looks to slash expenses

The cuts are part of newly appointed CEO Lip-Bu Tan’s plan to overhaul the chipmaker’s corporate structure and focus on its core products.

Intel Confirms Layoffs Are Coming in Q2 2025 – Here’s Why

Intel has confirmed that it will be carrying out layoff in the second quarter 2025, impacting a portion of its workforce. In an email to employees, Intel CEO Lip-Bu Tan revealed the company’s plans to simplify its operations by eliminating “unnecessary bureaucracy,” which will inevitably lead to job cuts. While Tan did not specify exactly […]

Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture — Improve Your HR

When Intel CEO Li-Bu Tan admitted the company erred in rewarding managers for building bloated teams, he sent out a wake-up call not just for Intel, but for every leader focused on the wrong things to measure business success. Intel CEO Lip-Bu Tan sent all employees a memo Thursday announcing changes in Intel, which will affect the essence of any business: its core culture. People often mistake company culture for things like pizza parties and …

In an important turn for the future of Intel, the new CEO of the company, Lip-Bu Tan, has made it clear that the company needs a profound and urgent change, especially after presenting this morning some economic data for the Q1 2025 that only keep the company afloat. The first quarter of the year has gone better than expected in financial terms, it is true, but the priority now is not to celebrate, but to transform. Therefore, there are cuts, le…