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New Intel CEO to execute predecessor's strategy better, maybe

New Intel CEO to execute predecessor's strategy better, maybe

Reuters has an exclusive on the incoming Intel CEO's plans to cut middle management and focus on AI. You don't say? What else? "Revamping the company's manufacturing operations, which at one time only made chips for Intel but have been repurposed to make

Boeing plans to cut 10% of workforce, further delay 777X, amid ongoing strike

Boeing plans to cut 10% of workforce, further delay 777X, amid ongoing strike

Boeing's new CEO, Kelly Ortberg, has announced plans to cut 17,000 jobs, approximately 10% of its workforce, in a bid to restructure the company and reduce costs, according to the New York Times. The decision comes as Boeing grapples with ongoing production issues and a costly strike