Lip-Bu Tan has a tough job ahead of him. It's clear from the NATURE and DESCRIPTION of these cuts that the whole $Intel(INTC.US) culture needs to be repaired.
"The layoffs are part of a broader strategy to refocus on an engineering-driven culture""[The] staff cuts address what Tan described as a slow-moving and bloated middle management layer"Source: Chips & Wafers
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