Intel's new CEO is trying to engineer a turnaround.

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Intel's CEO, Lip-Bu Tan, announced layoffs and a stricter RTO mandate in a Thursday memo.The company also reported flat revenue and a significant loss. Its stock was down after hours.Other tech companies are similarly directing employees to focus on efficiency.

Intel's new CEO promised big changes within weeks of taking over the chipmaker. Now, he's laying out steps that echo how Big Tech...

Continue Reading Intel is joining the hardcore tech bandwagon: 'The best leaders get the most done with the fewest people'