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RE: LeoThread 2025-03-12 23:33

in LeoFinance11 days ago

Part 4/7:

The Challenges Ahead

Despite the positive news surrounding Bhutan's arrival, he inherits a company facing significant challenges. Intel has undergone substantial workforce reductions and restructuring in attempts to rein in costs and streamline operations. With over 18% of employees laid off in recent months and criticism regarding the company’s bureaucratic layers, there are concerns about whether this strategy will prove sufficient for a turnaround.

Bhutan himself has acknowledged the company's past difficulties, asserting the need for a cultural shift away from complacency. He emphasizes fostering an engineering-driven environment where accountability and responsiveness to customer feedback reign supreme, aiming to rebuild trust and restore Intel's competitive edge.