Another great American employer expects to see more of its inhabitants around the office – and fewer people in total.
The new CEO of Intel (ITC), LIP -BU Tan Thursday, said in a letter to employees on Thursday – and published online – that hybrid employees should be on site at least four days a week by September 1, against a policy of “around three”, to which he said that people had been “unequal” by joining.
“I firmly believe that our sites must be vibrant collaboration centers that reflect our culture in action,” said Tan’s letter. He echoed the declarations of a band of large American companies that have made hybrid and distance programs established during the pandemic, with Amazon (AMZN), a notable example.
The letter was published alongside quarterly financial results which included slowdown forecasts. He discussed other changes, including a “flattest management structure”, a rethinking of the size and number of meetings, and an effort to make bureaucracy. And although he stopped announcing the layoffs that had been reported in recent days, he clearly indicated that they came.
“There is no way to get around the fact that these critical changes will reduce the size of our workforce,” Tan wrote. “As I said when I joined, we have to make very difficult decisions to put our business on a solid basis for the future.”
This process, he said, will start in the second quarter. “We are going to move as quickly as possible in the coming months,” wrote Tan.
Intel had more than 100,000 employees worldwide at the end of last year, according to its annual report.
