Intel is undergoing one of the largest restructurings in its corporate history as it prepares to cut nearly 24,000 jobs worldwide by the end of 2025. The US-based chip giant confirmed the move as part of a broader effort to reduce costs, following years of inconsistent performance and heavy investment in non-core sectors. This strategic shift is being led by Intel’s new CEO, Lip-Bu Tan, who is known for his aggressive cost-cutting and investment realignm
Intel is undergoing one of the largest restructurings in its corporate history as it prepares to cut nearly 24,000 jobs worldwide by the end of 2025. The US-based chip giant confirmed the move as part of a broader effort to reduce costs, following years of inconsistent performance and heavy investment in non-core sectors. This strategic shift is being led by Intel’s new CEO, Lip-Bu Tan, who is known for his aggressive cost-cutting and investment realignm