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Tag: Intel

Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees

Posted on November 10, 2024 By admin
Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees

Intel is set to resume free coffee and tea for employees following substantial layoffs as part of broader cost-cutting measures. According to The Oregonian, the chip giant shared in an internal message that in-office beverages would return to boost employee morale. “Although Intel still faces cost challenges, we understand that small comforts play a significant…

Read More “Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees” »

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Intel CEO To Unveil Cost-Cutting Plan In September Meeting

Posted on September 2, 2024 By admin
Intel CEO To Unveil Cost-Cutting Plan In September Meeting

The CEO said that Intel is focused on phase two of the company’s turnaround plan. Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp capital spending, according to a source familiar with the matter, as…

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