Home GADGETS Intel’s new CEO warns employees about ‘tough decisions’, but Wall Street cheers

Intel’s new CEO warns employees about ‘tough decisions’, but Wall Street cheers

Intel’s new CEO warns employees about ‘tough decisions’, but Wall Street cheers


Intel’s new CEO warns employees about ‘tough decisions’, but Wall Street cheers

The appointment of Lip-Bu Tan as Intel’s chief executive has generally pleased investors and financial analysts, but employees expressed mixed feelings following Tan’s initial address, in which he hinted at tough decisions ahead but offered limited clarity on his strategic vision, reports Oregon Live.

Tan, who reportedly stepped down from Intel’s board last August because he expected then-CEO Pat Gelsinger to make Intel leaner, is widely expected to make significant job cuts to reduce costs.

Not enough clarity

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