https://www.thehrdigest.com/intel-layoffs-signal-a-new-era-as-ceo-lip-bu-tans-fightback-begins/
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Also zero packages. He’s gotta tackle the financial issues so you understand guys. There’s no money.
Boooooooo, Tan Lip
Start w no good PEs, Senior PEs, Fellows, Senior Fellows
Stop posting AI garbage
Waiting for Bambi to meet Godzilla...
"... If Tan’s past is any guide, layoffs are inevitable. Intel was already bleeding jobs before his arrival, with a 15% workforce cut. Roughly 15,000 layoffs were announced in 2024 to save $10 billion by year’s end. But whispers from Tan’s boardroom days suggest he thinks that’s not enough. The Intel CEO transition news has reignited speculation of a deeper purge, potentially hitting 20-25% of staff. This signals another around of 5,000 to 10,000 layoffs at Intel over the next year. Middle management, long a target of Tan’s ire for clogging decision-making. It is now in the crosshairs, alongside underperforming units like Intel’s faltering consumer GPU push."
https://www.thehrdigest.com/intels-new-ceo-lip-bu-tan-signals-sweeping-layoffs-and-fightback/
Does shoe has dropped!
Stay tuned more to c-m
It’s coming that’s for sure…..
"HR Digest" - now there's a news source you can put your faith in!
Start with the ‘bloated middle management layer’ and those who refuse 'RTO mandates'.