Intel CEO lip-bau makes progress on plans for the company to release the shortage. And it includes spiking some manufacturing projects.
Giants Semiconductor reported on Thursday in a number of twice the double income, and in some cases, not advanced with multiple manufacturing projects. Specifically, Intel says it will not move back to the previously announced jobs in Germany and Poland. The project includes the Assembly and Testing facility in Poland and the Chip Factory in Germany. The two projects have been sitting in Limbo since delayed in 2024, Shortly after being announcedSee rankings-.
The company is also planned to integrate the operational test in Costa Rica and the concentration of the operation to the site in Vietnam and Malaysia.
“Unfortunately, an investment capacity that takes over the past many years ago asking and not too much,” Tan said on the income of the company twice the company. “Our factory footprints are not missed. Forward, we will grow our capacity only for the volume commitment and attach Lockstep Capex with tangble milestone, and not before. “
Intel also said it would delay the Chip Factory Ohoho $ 28 billion. The factory was originally receipped at 2025, and now Delayed after this year in February.
The second quarter is the first time with the tan in Intel Intel. They are named CEO Degikonductor 200th CEO on March 12 And start the role of a week later. Not long, Tan said the plan is Eliminate efficiency In the company by selling non-core unit and operating that cannot be used.
“We have a lot of work to do to build clean organizations and streamdlines, which remains sober, and remains an area of focus for me at Q3,” Tan said about Q2 income. “Our purposes are to reduce deficiency and redundissi and increase responsibility at each corner level.”
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This company also provides updates about labor, which has passed several rounds. Intel is lesseness by about 15% and plans to end the year with 75,000 employees, says the company. Intel can eliminate 50% layer of management through a new layffe, Tan said.
Intel announced in June in an internal mont Mailing 15% up to 20% From Labor in Intel Foundry Unit, which designates design and returns chips for external clients. The company has 108,900 employees at the end of 2024, according to the company Annual Report Submitted with the Securities and Exchange Commission. The down from 124,800 people work at the end of 2023.