It's been a tough year for Intel. Chip crashing issues, dismal financial results, and the announcement of mass layoffs have taken the chip maker from a brand thought off as one of the giants in the industry, to one that seems to be beset by troubles on all fronts.
Now, a source has told Reuters that CEO Pat Gelsinger and other key executives are expected to announce a plan to the company's board of directors this month, detailing ideas as to how to turn its fortunes around, including proposals to "slice off unnecessary businesses and revamp capital spending".
