Intel CEO unveils major workplace overhaul to boost innovation, slams 'suffocating' bureaucracy

Intel’s new CEO Lip-Bu Tan just shook the silicon tree—announcing a sweeping reorg, a four-day return-to-office policy, and plans to slash up to 20 percent of staff, all to revive innovation and agility at the struggling chip giant. While Intel beat Q1 expectations, its gloomy forecast sent stocks tumbling. Now here’s the twist for the paper packaging world: fewer middle managers and leaner teams mean faster decisions—which could accelerate Intel’s investment in chip packaging tech. That includes fiber-based anti-static trays and paperboard shielding as sustainable alternatives to plastic, a niche the paper packaging industry is eyeing.https://finance.yahoo.com/news/intel-ceo-unveils-major-workplace-overhaul-to-boost-innovation-slams-suffocating-bureaucracy-225021190.html

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