Intel CEO Seeks Cost-Slashing Plan
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IntelReuters
•Exclusive-Intel CEO to pitch board on plans to shed assets, cut costs, source says
78% Informative
Intel CEO Pat Gelsinger and other executives are expected to present a plan later this month to the company’s board of directors.
The plan will include ideas on how to shave overall costs by selling businesses, including its programmable chip unit Altera .
The presentation, including the plans around its manufacturing operations, are not yet finalized.
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