Tech Field Day News Rundown
Intel is still looking to smooth out their operations under new CEO Lip-Bu Tan. The announcement came last week that Intel is going to be cutting more positions. Initial reports rumored that it could be as much 20,000 employees but CFO David Zinsner refuted that number last Friday. Instead, each department will assess their structure and decide whether to cut positions or offer voluntary packages. Zinsner cautioned that not all buyout offers would be accepted. Additionally, early retirements would not be offered, as previously these had led to other issues in the long term. This and more on the Tech Field Day News Rundown.
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