The CEO of the US chipmaker Intel has been urged by President Donald Trump to step down "immediately" after being accused of having problematic ties to China. He said that CEO Lip-Bu Tan was "highly conflicted" in a social media post, seemingly alluding to Mr Tan&
As part of a company-wide restructuring spearheaded by new CEO Lip-Bu Tan, Intel Corporation has announced a new round of layoffs that will impact 2,400 more employees, bringing the total number of job cuts to almost 4,000 nationwide. Almost 2,400 jobs will be lost in Oregon alone,
According to various media reports, chipmaker Intel is closing its automotive branch and terminating the majority of its workforce. In the communication, the corporation stated that it intends to shut down its automotive Intel architecture division. It further stated that although it will complete current obligations to clients, "the
Intel is getting ready to start laying off a large number of employees at its production facilities in the middle of July. This will be the company's first significant layoff since Lip-Bu Tan became CEO in March. The layoffs, which are anticipated to finish by the end of
Intel's layoffs are intended to "streamline management and rebuild an engineering-driven culture". The chip giant undergoes significant reorganisation under its new CEO, Lip-Bu Tan who took over company's operations in March 2025.
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Lip-Bu Tan is well-known for implementing strategic plans and leadership in the technology and semiconductors domains. As the newly appointed CEO of Intel, Tan brings his expertise and forward-thinking approach to one of the world’s most influential tech companies. In addition, his appointment leads to a new chapter for