Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.
Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.
It still could be a mistake in the long term, though. Imagine the wise US administration slapping 1,220,332% tariffs on Taiwan? Or China wreaking havoc there. I still think Intel could fare well with better leadership handling their fabs.