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