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New Intel Chief Lip-Bu Tan ‘Considers’ Job Cuts, Factory Revamp

  • Incoming Intel CEO Lip-Bu Tan is considering job cuts and factory revamp.
  • Tan plans to make changes in middle-management and improve manufacturing processes.
  • He believes that the current middle-management is slow-moving and bloated, hindering decision-making.
  • Tan also aims to revamp Intel's approach to artificial intelligence and become a 'world-class foundry.'

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