Intel begins layoffs under new CEO as part of major restructuring plan; 107 roles slashed – Details here

Amid a wave of layoffs across industries, Intel Corporation has officially kicked off a major restructuring effort—its first under new CEO Lip-Bu Tan. First hinted at two months ago, the job cuts signal the beginning of a broader overhaul aimed at revitalising the struggling semiconductor giant. Tan had earlier emphasised his vision of transforming Intel into a “leaner, faster, and more efficient” organization.

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