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Intel’s stock dives on lower guidance as new CEO Lip-Bu Tan outlines long-term vision
Today’s earnings call is notable as the first for the company since Lip-Bu Tan (pictured) took over the reins as the company’s new chief executive. He joined the company in March, ending its months-long search for a successor to previous CEO Pat Gelsinger, who was forced to resign in December amid pressure from board members and investors.
The new round of job cuts, following a roughly 15,000 reduction last year, may bring it more in line what competitors are ...
Amazon S3 on MSN1d
Intel Plans To Slash Over 20% Of Workforce As Lip-Bu Tan Carries Out Major Restructuring: ReportIntel is preparing to cut more than 20% of its workforce in a sweeping overhaul led by newly appointed CEO Lip-Bu Tan, ...
Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.
SAN FRANCISCO (Reuters) -Intel CEO Lip-Bu Tan met recently with Taiwan Semiconductor Manufacturing Co's CEO to discuss how ...
Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action ...
Intel on Thursday announced plans to reduce its operating expenses by $500 million this year and another $1 billion next year ...
Intel CEO Lip-Bu Tan started his first quarterly earnings presentation at the helm of the troubled chipmaker by announcing a ...
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