San Francisco, April 25, 2025 (AFP) - Intel chief vows to thin ranks at US chip maker

NAMPA / AFP

2025-04-25

New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House tariffs and export restrictions muddy the market. Tan did not provide details about the number of employees affected, but said he was "a big believer in the philosophy that the best leaders get the most done with the fewest people." Despite the promise of cost-cutting and an earnings report that bested market expectations, In......

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