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Intel confirms more layoffs in its data center unit as stock rallies on turnaround momentum
Intel is cutting jobs in its data center group as CEO Lip-Bu Tan reshapes the company, with shares up nearly 8 percent on the news two days before earnings.
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benzinga.com
Intel Launches Fresh Layoffs in Data Center and AI Unit Ahead of Earnings as Lip-Bu Tan Pushes Turnaround
Intel launched fresh layoffs in its Data Center and AI unit ahead of earnings as CEO Lip-Bu Tan continued his turnaround plan.
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businessinsider.com
Intel plans layoffs within its data center group
An Intel spokesperson said the cuts are part of a broader effort to become "more focused and efficient."
