Intel confirms the cuts as it tries to “make engineers more productive”
The dressed chipmaker Intel has confirmed the restructuring plans in a change that will include an unspecified number of cuts. This week was reported that the company could dismisses about 20 percent of staff (At the end of last year there were 108,900 employees). In a note, New CEO LIP-BU TAN He declined to detail the degree of reduction, which is largely aimed at reducing “unnecessary bureaucracy” and layers of average management.
“I am a great believer in the philosophy that the best leaders are dealing with the least people. We will perceive this way of thinking in the whole company, which will include empowering our best talent to make decisions and take more ownership of key priorities,” ” Tan wrote. “There is no way to bypass the fact that these critical changes will reduce the size of our labor force. As I said, when I joined, we have to make some very difficult decisions to put our company on a solid basis for the future. This will start through Q2 and we will move as quickly as possible in the next few months.”
Intel has been reduction of significant Over the past few years. Only last August the company said it would reduce more than 15,000 jobs to reduce costs. Intel is fighting sales – it does not work fast enough to keep up with the industry to artificial intelligence.
Not surprisingly, AI will focus on Intel’s advancement. “My focus will be to guarantee that our team builds products that are highly competitive and meet the needs of our client when we introduce a new era of calculations defined by AI agents and reasoning models,” Tan Tan Tan Tan said Calling investors on Thursday. “To achieve this, we take a comprehensive approach to redefine our portfolio to optimize our products for new and emerging AI loads. We make the necessary adjustments to our product road card so that we are positioned to make the best in the class.
Tan aims to speed up things by turning Intel into a company that focuses on engineering. “Many of the changes we will manage are designed to make engineers more productive by removing loading workpieces and processes that slow down the pace of innovation,” he writes. The company plans to reduce costs elsewhere to “make the necessary investments in our engineering talents and road cards.” He hopes reduces its operating costs with $ 1.5 billion over the next two years.
Efficiency is the name of the game here. Tan wants managers to get rid of unnecessary meetings and reduce the number of people who attend meetings as “too much valuable time is wasted.” Intel also expands its office to return to the office, requiring workers to be out of the week four days a week (over three) starting in September.
Tang certainly has high goals as it seems to turn around the wealth of Intel. “I am talking about the opportunity to rediscover the icon of the industry. To withdraw a return that will be studied in business schools for the next generations. To create new technologies and to implement them on a scale to change the world to better,” he writes. “Once an Intel was regarded as the most innovative company in the world. There is no reason to be unable to return there as long as we manage the changes needed to improve.”
This article originally appeared at Engadget at https://www.engadget.com/big-tech/intel-confirms-layofffs-as-it-tis-to-make-engineers-more-productive-143825752.html
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