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Intel, Office Coffee
Intel to Beleaguered Staffers: Ok, You Can Have Office Coffee Again
It was recently reported that Intel also had an opportunity to invest in OpenAI back in 2018, but former CEO Bob Swan didn’t think generative AI would arrive soon enough to realize a return in a reasonable timeframe. OpenAI is now privately valued at over $150 billion, more than Intel’s market cap of $110 billion.
Intel to bring back office coffee to "boost morale"
After a rough year that saw mass layoffs, half its value lopped off at the stock market, and its delisting from the Dow index, Intel has a turnaround plan: office coffee. Workers there will soon be able to avail themselves of the beverage free of charge at the point of service.
Intel says it's bringing back free office coffee to boost morale after a rough year
Intel has struggled to stay competitive in recent years, causing it to layoff thousands of employees and slash employee perks like free coffee.
Intel brings back workers’ free coffee, seeking to stem morale decline
Intel told employees this week that it will bring back free coffee and tea at its work sites, one of many benefits the chipmaker eliminated last summer as it sought to slash $10 billion from its annual budget.
8d
Intel employees face 'setbacks' as the company slashes staff, pay, and perks
Intel employees faced pay cuts and layoffs, causing an uproar over forfeited stock bonuses and shrinking perks as the company ...
6d
Intel Layoffs Continue: 17,000 Jobs Cut and Employee Bonuses at Risk
Intel, one of the world’s leading semiconductor companies, has recently made headlines due to its significant workforce ...
1d
Intel to Offer Free Coffee in Employee Break Room to Boost Worker Morale Devastated by Thousands of Layoffs
The company previously stopped offering the beverages in October as a way to cut costs, which was announced by signs posted ...
Datacenter Dynamics
3d
Intel to lay off several hundred employees at its Israeli R&D centers – report
Intel is reportedly laying off several hundred employees at its R&D centers in Israel. The job cuts, first reported by ...
3d
Hillsboro-based Lattice Semiconductor announces layoffs
Lattice Semiconductor (Nasdaq: LSCC) will lay off 14% of its workforce, the Hillsboro-based company said in its quarterly ...
ExtremeTech on MSN
4d
Intel Has Yet to Receive $8.5 Billion in CHIPS Act Funding
Congress passed the CHIPS Act in mid-2022, but Intel has yet to see any of the $8.5 billion it was promised, according to ...
7d
on MSN
Intel’s future laptops will have memory sticks again
Remember how this fall’s Lunar Lake laptops ditched the idea of memory sticks, putting a fixed amount of RAM on the processor ...
Daily Front Row
1d
Highsnobiety Layoffs, EmRata Sparkles For Kurt Geiger, Plus! Complex’s Print Revival!
From Highsnobiety's widespread layoffs to Kurt Geiger's glitzy campaign with Emily Ratajkowski, discover all the chic news to ...
17h
on MSN
Intel brings back free coffee and tea for employees despite facing cash crunch
Intel is reinstating free coffee and tea at its work sites, a popular employee perk it had cut last summer as part of a $10 ...
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