Intel will require four-day office work week as it aims to ‘flatten organization’
Today is Intel’s Q1 2025 earnings call, and the first we’re truly hearing from new Intel CEO Lip-Bu Tan, who took over the company on March 18th. But he didn’t wait until the call to announce major changes at Intel, nor did he begin his reign by laying off 20 percent of the company’s employees, as Bloomberg reported he might.“We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger tells The Verge.Instead, Tan is announcing that employees will return to the office for a...
Read more at theverge.com