Just as you enjoy your favorite job, it is more sad than we suffer when we lose our job. There are many news today, where employees are suddenly removed from the job. Because of this, there is always a fear among the jobs in the private sector. Now, Intel is also ready to give coconut in the hands of its employees.

Intel is preparing for a big change in the world's famous Chip manufacturer. This week Intel can announce a deduction of more than 20 percent of their company's employees. Last month, the new CEO of the company, LIP-B TAN, is taking steps to reduce the management and focus on engineering.

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What is the perfect case?

According to a report, the company's step is part of efforts to reduce Bureaux and Intel, that is, technology and innovation again. Earlier, in August last year, Intel had removed about 15000 employees from work. By the end of 2024, the number of employees of the company was reduced to 1,08,900, while in 2023, the same number was 1,24,800. However, Intel has not provided any official information on this.

Despite this, Intel's shares increased by 3.5 per cent in pre-marketing trading before opening the New York Stock Exchange. But in the last 12 months, the company's shares have fallen by about 43 percent.

The company's tough start!

This change of Intel is the company's attempt to get out of a difficult time. Particularly in the case of AI computing, companies like NVIDIA have played a bet. For three consecutive years, Intel has been in great distress due to a decline and loss of sales.

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Lip-Boo Tan, who was previously working with the CADS design systems, has now taken up the task of reviving Intel. Their plan is to sell the company's unnecessary business units and focus on more powerful products. In this direction, Last week, Intel decided to sell 51 percent of their programmable chip unit Altera to Silver Lake Management.

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Tan has recently said that Intel will have to bring back their engineering talent, strengthen the balance sheet and make a product according to the customer needs. Intel will submit their first quarter results on Thursday. It is believed that the tan will tell their strategy more clearly. Also, it may take many years to return to the company.