Intel's new CEO, Lip-Bu Tan, announced a shift to a mandatory four days a week in-person work beginning September 1, aiming to enhance collaboration and efficiency. This change follows reports of a significant layoff plan, set to affect over 21,000 employees, as Intel works to cut costs amid an $800 million net loss in the first quarter. Tan emphasizes the value of in-person collaboration for decision-making and strengthening team connections, linking these to Intelâs strategic efforts to turn the company around after a challenging financial period.
Tan stated that the company was "mandating" four days a week in-person, effective September 1, a departure from the previous policy of three days a week in the office.
When we spend time together in person, it fosters more engaging and productive discussion and debate... It drives better and faster decision-making.
Collection
[
|
...
]