News Score: Score the News, Sort the News, Rewrite the Headlines

Intel CEO Letter to Employees

Ahead of the financial news from Intel INTC 0.00%↑ coming out later today, the following message was sent to Intel employees from the CEO. We’re sharing it here in full, with commentary to follow. Key points:Q2 2025 revenue above guidance15% headcount reduction to 75,00050% streamlining of management layersReturn to office in SeptemberFoundry to be customer responsive, projects in Germany/Poland halted18A ramping to scale, 14A to meet requirements of internal and external customersSMT to return...

Read more at morethanmoore.substack.com

© News Score  score the news, sort the news, rewrite the headlines