Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate
by palcorn@outlook.com (Paul Alcorn) from Latest from Tom's Hardware on (#6WVK0)
Intel CEO Lip Bu-Tan announced a series of sweeping measures today, including an unspecified number of layoffs, a company restructuring, the elimination of non-core products, and a return-to-office mandate, as the company presented its first-quarter earnings report.