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AssetID: 54939009

Headline: Intel to Cut 22% of Workforce Under New CEO's Overhaul

Caption: Intel will shrink its workforce by 22% by year's end, as new CEO Lip Bu Tan pushes a major overhaul of the struggling chipmaker.

Keywords: Current affairs & Politics,Intel,workforce reduction,22% job cuts,Lip Bu Tan,CEO overhaul,cost-cutting,management cuts,unit sell-offs,blank check investments,chipmaker struggles,Q3 losses,investor skepticism,share drop,chip foundry business,Pat Gelsinger,Nvidia,AI chips,semiconductor industry,Intel restructuring,2025 tech layoffs

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