Intel’s CEO Pat Gelsinger will retire on December 1, 2024, ending a 40-plus-year career amid significant challenges facing the company. Intel has seen a 52% stock drop this year, leading to major restructuring efforts including workforce reductions. Despite these hurdles, Gelsinger expressed gratitude and pride for his time at Intel, emphasizing its commitment to innovation.
Intel’s CEO Pat Gelsinger will retire on December 1, 2024, ending a 40-plus-year career amid significant challenges facing the company. Intel has seen a 52% stock drop this year, leading to major restructuring efforts including workforce reductions. Despite these hurdles, Gelsinger expressed gratitude and pride for his time at Intel, emphasizing its commitment to innovation. Intel’s CEO Pat Gelsinger will retire on December 1, 2024, ending a 40-plus-year career amid significant challenges facing the company. Intel has seen a 52% stock drop this year, leading to major restructuring efforts including workforce reductions. Despite these hurdles, Gelsinger expressed gratitude and pride for his time at Intel, emphasizing its commitment to innovation. Read More