The besieged manufacturer of Intel chips confirmed the plans for restructuring in the shift, which will include an indefinite amount of dismissal. It was reported that this week the company could fire about 20 percent of staff (He had 108,900 employees at the end of last year). In the note, New General Director Lip-Bu Tan He refused to detail the degree of reduction, which is largely aimed at reducing the “unnecessary bureaucracy” and layers of medium management.
“I am a great supporter of philosophy that the best leaders receive the most made with the least number of people. We will accept this thinking throughout the company, which will include expanding the capabilities of our best talent for decision -making and take part in greater ownership of key priorities. ” Tang wrote. “It is impossible to circumvent the fact that these critical changes will reduce the size of our labor force. As I said, when I joined, we need to make some very difficult decisions in order to put our company on a strong basis for the future. This will begin in the second quarter, and we will move as quickly as possible over the next few months. ”
Intel was Significantly reduction Over the past few years. In August last year alone, the company said reduce more than 15,000 jobs To reduce costs. Intel fought with a slowdown in sales – she did not act quickly enough to keep up with the shift of the industry to artificial intelligence.
It is not surprising that AI will be focused for Intel in the future. “I will focus on our team to create highly competitive products and satisfies the needs of our client when we enter into a new era of calculations, determined by artificial intelligence agents and reasoning models,” – tan said In connection with investors on Thursday. “In order to achieve this, we use a holistic approach to the reduction of our portfolio to optimize our products for new and new workloads of artificial intelligence. We make the necessary adjustments to our product road map so that we can create the best in class products, remaining on the laser focused on the execution and providing time for the delivery of time. ”
Tan seeks to speed up the situation by turning Intel into a company that is focused on technology. “Many of the changes that we will drive are designed to make engineers more productive, removing burdensome processes and processes that slow down the pace of innovation,” he wrote. The company plans to reduce expenses in other places to “make the necessary investments in our engineering talents and technological roadmaps.” It hopes Reduce their operating expenses for 1.5 billion dollars 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, since “too much valuable time is wasted.” Intel also expands its mandate to return to the manual, demanding that the employees be in place four days a week (compared to three), starting on September.
Tang, of course, has high goals, because he seeks to do as of Intel. “I'm talking about the possibility of a fundamental invention of the industry icon. To make a return that will be studied in business schools for future generations. To create new technologies and expand them on a scale in order to change the world for the better, ”he wrote. “Intel was once widely seen as the most innovative company in the world. There are no reasons why we cannot return there if we are conducting changes necessary to improve. ”