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Reading: Intel CEO on layoffs: ‘Hard but necessary decisions’
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Press Releases

Intel CEO on layoffs: ‘Hard but necessary decisions’

Last updated: July 25, 2025 6:20 am
Published: 7 months ago
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Just a week after Intel Corp. started laying off what will amount to 227 job cuts at its Rio Rancho plant, company officials expressed optimism in a corporate earnings call about how the company’s internal reorganization is going.

“We have much work to do in building a clean and streamlined organization, which we have started in earnest and has remained an area of focus for me,” Intel CEO Lip-Bu Tan said during a second-quarter earnings call on Thursday.

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