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Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate

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Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate

Direct link to Intel press release - Lip-Bu Tan: Our Path Forward

4 comments
  • Pretty standard stuff. Let's see how things go.

    I’ve been surprised to learn that, in recent years, the most important KPI for many managers at Intel has been the size of their teams. Going forward, this will not be the case.

    I am assuming this was an unofficial metric, team size couldn't have been a formal KPI, could it?

    • Has anyone actually decided KPIs for themselves? Every time I make one my boss basically says "Yeah, that's cool, but I think you should..."