Intel's recent actions, including suspending dividends and laying off 15% of its workforce, highlight the company's urgent efforts to restore financial stability and efficiency.
CEO Pat Gelsinger plans to present a strategic overhaul to the board involving cost reductions and potential sales of non-essential businesses, indicating a shift in strategy.
Forrester analyst Alvin Nguyen acknowledges the potential in Intel's long-term strategy but expresses concern over its execution, suggesting a need for improved management practices.
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