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Cadence Design Systems Layoffs News Monitoring

  • Published on Mar 15, 2025

    Intel Gets the Outsider CEO It Desperately Needs

    After months of searching for a new CEO following the abrupt retirement of former CEO Pat Gelsinger, Intel (INTC 1.48%) has landed on Lip-Bu Tan. Tan led Cadence Design Systems, a provider of software for designing semiconductor chips, for more than a …

    Source: myMotherLode - Label Pending
  • Published on Mar 15, 2025

    New Intel chief cheered by investors after board sought alternatives

    Intel’s decision to hire a little-known semiconductor dealmaker as its chief executive has cheered investors who want an outsider to turn around the troubled chipmaker.  The US group announced on Wednesday that Lip-Bu Tan, who joined Intel’s board in 2022 …

    Source: The Financial Times - Neutral
  • Published on Mar 13, 2025

    Intel’s new CEO Lip-Bu Tan signals sweeping layoffs and fightback

    Intel’s new CEO, Lip-Bu Tan, takes charge on March 18, 2025, replacing interim leaders after a bruising year. Known for turning Cadence into a tech powerhouse, Tan’s transition as Intel CEO promises deep layoffs, beyond the 15,000 cuts of 2024, a cultural …

    Source: The HR Digest - Neutral
  • Published on Mar 14, 2025

    Intel's new CEO warns employees about 'tough decisions', but Wall Street cheers

    The appointment of Lip-Bu Tan as Intel's chief executive has generally pleased investors and financial analysts, but employees expressed mixed feelings following Tan's initial address, in which he hinted at tough decisions ahead but offered limited …

    Source: Tom's Hardware - Neutral
  • Published on Mar 14, 2025

    Intel names Lip-Bu Tan its new CEO

    Intel has a new leader at the helm, hoping to change course after a challenging period for the chipmaker. The company announced today that Lip-Bu Tan will serve as its new CEO effective March 18. He assumes the mantle from interim Co-CEOs David Zinsner and …

    Source: Business Ghana - Label Pending
  • Published on Mar 14, 2025

    Struggling chipmaker formerly headed by Berks native names new CEO

    The struggling U.S. chipmaker Intel has tapped a tech industry veteran as its next CEO. The company announced that its board of directors has appointed Lip-Bu Tan to the post, effective March 18. He succeeds interim, co-CEOs David Zinsner and Michelle …

    Source: WFMZ - Pennsylvania - Neutral
  • Published on Mar 13, 2025

    Who Is Lip-Bu Tan, Intel’s New Turnaround CEO?

    Lip-Bu Tan will take the helm of Intel on March 18. Courtesy Intel Intel’s stock is soaring after Lip-Bu Tan, a respected veteran in the semiconductor industry, was chosen as its new CEO. The appointment comes three months after the chipmaker, which …

    Source: The New York Observer - Label Pending
  • Published on Mar 13, 2025

    Wall Street says new Intel CEO Lip-Bu Tan is the chipmaker's only shot

    A C-suite long in the making at Intel (INTC). Shares of the beat-up chipmaker rose 12% in premarket trading on Thursday as Intel announced Lip-Bu Tan as its permanent CEO. Tan was the longtime CEO of Cadence Design Systems (CDNS) from 2009 to 2021. He left …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 13, 2025

    Intel hires new CEO in latest comeback attempt

    CALIFORNIA, United States — Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a once-dominant company that helped define Silicon Valley. …

    Source: Inquirer - Neutral
  • Published on Mar 13, 2025

    She took down Intel. Now AMD's CEO has a new miracle to perform.

    When a top analyst skewered AMD's software, CEO Lisa Su called him personally to chat. AMD's AI chips have struggled to compete against Nvidia's dominance, and software is its weakness. Those who know Su told Business Insider she will never …

    Source: Business Insider - Neutral
  • Published on Mar 13, 2025

    Intel names Lip-Bu Tan as CEO: "We will restore Intel's position as world-class"

    Representative imageIntel has a new CEO. Semiconductor industry veteran Lip-Bu Tan, will become the 56-year-old American chipmaker’s new chief executive officer, effective March 18. Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus, …

    Source: ET Brand Equity - Center-right
  • Published on Mar 13, 2025

    Struggling chipmaker Intel sees shares jump 12% as it names new CEO to end 3-month suspense

    Struggling chipmaker Intel has appointed former board member and semiconductor expert Lip-Bu Tan as its new CEO. Following the announcement, Intel’s shares surged by 12 per cent. read more Struggling chipmaker Intel, once a leader in the semiconductor …

    Source: Firstpost - Center-right
  • Published on Mar 12, 2025

    Intel picks Lip-Bu Tan, a former board dissident, to be CEO

    Intel’s three-month search for a new CEO ended Wednesday with the chipmaker choosing a former board member, Lip-Bu Tan, to run the company. The news gave the beleaguered chipmaker’s stock price an immediate boost, with shares climbing more than 10% in …

    Source: OregonLive.com - Neutral
  • Published on Mar 13, 2025

    As Intel welcomes a new CEO, a look at where the company stands

    Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan t o be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company's board, with Intel CFO David Zinsner and Executive Vice President of Client …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 13, 2025

    Intel finally gets a new CEO: industry veteran Lip-Bu Tan

    Embattled chipmaker Intel Corp. is hopeful of better days ahead after hiring Lip-Bu Tan as its new Chief Executive Officer, ending a months-long search for a new leader that followed the ouster of its previous CEO Pat Gelsinger in December. Tan has …

    Source: SiliconANGLE - Neutral
  • Published on Mar 12, 2025

    New Intel CEO Lip-Bu Tan will pick up where Pat Gelsinger left off

    After a little over three months, Intel has a new CEO to replace ousted former CEO Pat Gelsinger. Intel's board announced that Lip-Bu Tan will begin as Intel CEO on March 18, taking over from interim co-CEOs David Zinsner and Michelle Johnston Holthaus …

    Source: Ars Technica - Uncategorized
  • Published on Mar 12, 2025

    Intel hires former board member as new CEO in struggling chipmaker's latest comeback attempt

    Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a once-dominant company that helped define Silicon Valley. Tan, 65, will take over the …

    Source: Yahoo Finance - Label Pending
  • Published on Mar 12, 2025

    Intel names new CEO to lead the struggling chipmaker’s turnaround effort

    By Clare Duffy, CNN New York (CNN) — Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals. The company announced Wednesday that …

    Source: KEYT - California - Neutral
  • Published on Mar 12, 2025

    Intel names Lip-Bu Tan as CEO amid deepening crisis

    Intel has appointed semiconductor industry veteran Lip-Bu Tan as its new chief executive officer, effective March 18, as the company fights to regain its footing amid intensifying competition and internal upheaval. The move comes just over two months after …

    Source: CTech - Neutral

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