According to one, Intel is ready to cut more than 21,000 people, or about 20 % of its manpower, according to one Bloomberg’s report.
This news is ahead of Intel’s Q1 income call Recently appointed by CEO lipboo tanWho had replaced the long -lasting chief Pet Glyser last year.
According to Bloomberg, the tan’s purpose is to “smooth the administration and rebuild the engineering culture”. The company had about 108,900 employees at the end of last year after the announcement of the company Deducted in 15,000 jobs in August 2024.
Intel has been struggling for a long time. In the last five years, the company’s stock has decreased by about 67 67 %. Since taking the role of the CEO at the end of 2024, Tan Intel’s divisions have gone into the spin The “non -core” unit. Earlier this month, Intel sold 51 % of it Altra semiconductor business from private equity firm Silver Lake.
Intel did not immediately respond to the comment request.