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Intel may be preparing to lay off 20 percent of its staff
Intel's new CEO Lip-Bu Tan is attempting to turn the struggling company's fortunes around.
In fact, the company, which has been slow to embrace the industry's shift toward artificial intelligence, has been significantly reducing its headcount since 2022 amid declining sales. These latest purported layoffs would mark one of the first major restructuring measures since Lip-Bu Tan became CEO in March after the sudden departure of Pat Gelsinger. Logitech has expanded the MX Creative Console's compatibility to several key apps including DaVinci Resolve, Adobe Lightroom and Figma.
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