Intel's new CEO Lip-Wu Chen will lay off middle-level managers

289
A big problem with Intel's former CEO Pat Gelsinger (who left in December last year) was that he was "too nice" and "didn't want to fire a bunch of middle managers in the way they needed to be fired." It is worth noting that some analysts say that among Intel's current 100,000 employees, middle managers may account for 15-20%, of which Indians account for about 30-45%. This also means that if Lip-Wu Chen starts with Intel's middle management, it may affect many Indian middle managers.