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Tag: Lip-Bu Tan

Business
  • Web Desk Karachi
  • Apr 23, 2025
Intel plans to cut over 20pc of workforce under new CEO Lip-Bu Tan

The move is part of a bid to streamline management and rebuild an engineering-driven culture. It would be the first major restructuring under new chief executive who took the helm last month.

US chipmaker Intel's new CEO Lip-Bu Tan will receive a salary of $1 million and be eligible for an annual cash bonus of up to $2 million,
Technology
  • Reuters
  • Mar 15, 2025
Intel: new CEO to receive $1 million as base salary

The company named Tan as the CEO on Wednesday, tasking the industry veteran to lead a faltering transition to a successful chip manufacturing firm as well as chip design house.

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