{"id":858785,"date":"2024-09-23T10:15:26","date_gmt":"2024-09-23T04:45:26","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=858785"},"modified":"2024-09-23T10:15:26","modified_gmt":"2024-09-23T04:45:26","slug":"intels-biggest-ever-restructuring-read-the-complete-memo-sent-by-ceo-pat-gelsinger-to-employees","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/23\/intels-biggest-ever-restructuring-read-the-complete-memo-sent-by-ceo-pat-gelsinger-to-employees\/","title":{"rendered":"Intel&#8217;s biggest-ever restructuring: Read the complete memo sent by CEO Pat Gelsinger to employees"},"content":{"rendered":"<p>Intel CEO Pat Gelsinger sent a note to employees on September 16, 2024, announcing a major restructuring of the company&#8217;s foundry business into an independent subsidiary. In the memo, Gelsinger emphasised the urgency of the situation, stating, &#8220;We need to fight for every inch and execute better than ever before. Because that&#8217;s the only way to quiet our critics and deliver the results we know we&#8217;re capable of achieving.&#8221; The restructuring aims to provide &#8220;clearer separation and independence&#8221; for Intel Foundry, including its own operating board and separate financial reporting.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel CEO Pat Gelsinger sent a note to employees on September 16, 2024, announcing a major restructuring of the company&#8217;s foundry business into an independent subsidiary. In the memo, Gelsinger emphasised the urgency of the situation, stating, &#8220;We need to fight for every inch and execute better than ever before. Because that&#8217;s the only way to quiet our critics and deliver the results we know we&#8217;re capable of achieving.&#8221; The restructuring aims to provide &#8220;clearer separation and independence&#8221; for Intel Foundry, including its own operating board and separate financial reporting.<\/p>\n","protected":false},"author":9,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[87,4,11],"tags":[],"class_list":["post-858785","post","type-post","status-publish","format-standard","hentry","category-it-2-the-times-of-india","category-newspapers","category-the-times-of-india"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=858785"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858785\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=858785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=858785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=858785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}