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Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture

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hen Intel CEO Li-Bu Tan admitted the company erred in rewarding managers for building bloated teams, he sent out a wake-up call not just for Intel, but for every leader focused on the wrong things to measure business s

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s. Intel CEO Lip-Bu Tan sent all employees a memo Thursday announcing changes in Intel, which will affect the essence of any business: its core c

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lture. People often mistake company culture for things like pizza parties and flextime, but it encompasses so much more than that. Tan pointed out how things that get caught up in culture cause problems. Here are three he identified at

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See also  The Power of Honesty: What Businesses Can Learn from Jack Dorsey’s Layoff Announcement
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