Intel has removed its chief executive officer of products, Michelle Johnston Holthaus, as part of a major shake-up of the executive branch of the embattled chip firm, according to Reuters. This is part of new CEO Lip-Bu Tan's plan to reshape the company under his leadership, flattening the leadership structure so he makes more of the important decisions about day-to-day operation.
Since joining Intel in March this year, CEO Lip-Bu Tan has been a controversial figure. He's presided over mass firings and had to walk a fine line with shareholders, executives, and the U.S. administration, after his ties to Chinese businesses came to light. But in his short time at Intel he's made sweeping changes, laying off hundreds of engineers and chip designers, killing Intel's automotive division, and cutting middle management in chip fabrication teams.
