This lip-this lipThe new Chief Executive of Intel, a blunt message for staff that the company needs to reschedule the company to be more effective. He said that he would only demand a single number of Layoffs as expected.
Bloomberg told intel tearing to prepare to get so much 20% of his staffthat was at the end of 2024 approximately 108,900 people. A 20% cutting would measure largely 21,780 work. And although the changes listed today this may start many working cutters that start in the second period, he did not complain the expectations.
So Letter to Staff At the same time with quarterly numbers Q1 2025. For the employment, A tan said with their direction. “
But he warned, “we need to build on this progress – and will not be easily reflected in our Qjectile Depression and facing our challenges to get back on the way.”
“There is no way there is no way that the emergency changes will reduce that at the future so hard for Q2 and we move as soon as possible over the future.”
In his letter, tan said the Intel on setting a target of a single-residential decidion target.
“What we have set out a new non-make-day cost to about $ 17 billion in 2025, down from the priority of $ 17.5 billion,” he said. “There is no way there is no way that the emergency changes will reduce that at the future so hard for Q2 and we move as soon as possible over the future.”
Tan sight on intel culture
Tan got a difficult property as assassins have been losing in the AI / Graphics market to Nvidia and in MarkID6 MARKING process. He did not make a mine words about criticize intel culture as a major company.
“As I said, this is beginning to review our culture. The feedback received from our customers also – and we must change,” he wrote. “Write.
He said the “horizontal team structure (et) I shared my week as a first step.” The next step is to lead increasing more emissions, quick and collaboration over the whole company, he said. And therefore he has changes coming. These include: Meeting the AI's AI Strategy, Tany told an analytical call. He also said that there is no further financial performance in intel where it needs to be and that the intel would be decreasing capital expenditure.
He also said the Intel spinning intel and make investment in outside companies. Intel sells 51% of the Altear's logistic region to the participants. Altera of $ 9 billion, and to deal with that contacts a big money for intel.
“We need to get back to our roots and power our engineers. This is why souls artistic distance images,” talk.
To make essential deposits in engineering and technology, new ways of development need to reduce costs, he said.
“Although we have taken great tasks in the last year, our routine cost is still far above competitive tournament marks and we said to call the call.
“As we refuse engineering, we will also remove organizational complexity of organic,” he said.
As a long-term ciping engineer, it is no surprise that Tan aims to make power engineers. He wrote, “I am surprised to learn, in recent years, which we will include power to make the best processes and take further priorities.”
He said that the Company would decide smaller movements and improved decisions and the number of series in the way. He said that he would take a balance on to decrease in the need to keep it and hold a major peat. He said that he would keep information to the team.
Tipping processes
Tan said he had been open eye to see how much time and energy is spent on internal administrative work not moving the industrial work.
“We will need to make this to make this very much to achieve the time focusing on our customers,” he said.
“I learn our leaders to eliminate unnecessary meetings and reduce the level of live living and data,” wrote.
One of the things he makes optional traditions of the intel form of a formal vision and okr requirements. He believes that accountable feedback and accepted in a simple and more flexible way.
He said the company returns to work in the four four days a week, instead of current three days a week. The four-day-office plan fulfills out 1 September, 2025.
He said, “I understand that this is much to take a lot, but we play from the back and we need to rally as a team to win us.”
It is very difficult, and not unlikedrably to the pillar of Longime 'Andy Goave, he would do.
I am talking about the return of the Business Image. To come off again, it will be examined in industrial schools for the coming generations. To create new technologies and use their use at level to change the world for better.
“Inns was widely seen as the most innovative company in the world. There is no reason that we cannot recover, as they guide the changes required, as long as we guess them. “It's going to be hard. It needs to make painful decisions. But we will tell them to provide new support to the future.”
By closing, he thanked staff “for all you did in Q1.” In an analytical call, he noted on their behalf of weeks ago. Went in place as well as old leaders Pat gelelsto retire in December 2024.
Tat said her entire support was to be committed and delivered over, and it would not rest until he became trusting her customers. Insl said I would surely affect his business, partially because of the giving a warning of warning amongst customers.