Intel Restructures, Layoffs Planned
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IntelEngadget
•Technology
Technology
Intel confirms layoffs as it tries to 'make engineers more productive'
82% Informative
Intel confirms plans to lay off around 20 percent of its workforce.
New CEO Lip-Bu Tan declines to detail the extent of the downsizing, which is aimed at reducing "unnecessary bureaucracy" Tan wants managers to get rid of unnecessary meetings and reduce the number of people who attend meetings as "too much valuable time is being wasted".
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