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Intel Axes 15,000 Jobs, Brings Back Coffee to Boost Morale | Vantage with Palki Sharma
Intel Axes 15,000 Jobs, Brings Back Coffee to Boost Morale | Vantage with Palki Sharma After laying off 15,000 employees and posting a record-high loss of $16.6 billion, Intel has decided to boost employee morale by re-introducing coffee and tea,
Intel is bringing back free coffee for workers to try and boost morale
Intel workers will now get free tea and coffee in the office Other reinstated employee benefits are unconfirmed Company revenue dropped 1% YoY last quarter, it could drop again next quarter In an effort to boost workers' morale and encourage them to be more productive in the office by giving them more creature comforts,
Intel says it's bringing back free office coffee to boost morale after a rough year
Intel has struggled to stay competitive in recent years, causing it to layoff thousands of employees and slash employee perks like free coffee.
After Laying Off 15,000 Employees, Intel Revives Free Coffee And Tea Perks To Lift Employee Morale
The action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts.
Intel resumes free coffee and tea for its employees — $100-million-per-year program partly reinstated to boost employee morale
Intel is reinstating free coffee and tea for its employees months after it suspended the beverage benefit to save on costs.
Intel’s surprising move: Free coffee and tea return after massive cost-cutting
Intel said despite continuing cost difficulties, it has decided to bring back free coffee and tea to its offices, offering a small but significant morale boost to employees.
Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees
Intel is set to resume free coffee and tea for employees following substantial layoffs as part of broader cost-cutting measures. According to The Oregonian, the chip giant shared in an internal message that in-office beverages would return to boost employee morale.
After cost-cutting and 15,000 layoffs, Intel reintroduces free tea and coffee to boost employees morale
Intel is bringing back free coffee and tea for employees. The company had cut several perks, including free beverages, to reduce costs. Intel also laid off thousands of employees and reduced reimbursements.
Intel Brings Back Free Tea And Coffee To 'Boost Morale' After Laying Off 15,000 Employees
In August, Intel announced the layoff of 15,000 employees as part of its cost-cutting efforts, alongside the termination of certain free employee benefits.
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Intel Brings Back Free Coffee to Ease Workplace Woes
Intel
, reeling from substantial layoffs and budget cuts, is attempting to boost employee morale by reintroducing free tea ...
4d
Intel to Beleaguered Staffers: Ok, You Can Have Office Coffee Again
It was recently reported that Intel also had an opportunity to invest in OpenAI back in 2018, but former CEO Bob Swan didn’t ...
TweakTown
4d
This'll fix it: Intel resumes FREE coffee, tea for staffers to boost morale, costs $100M a year
TL;DR:
Intel
is reinstating free
coffee
and tea for employees to boost morale despite ongoing cost challenges, but free ...
Fudzilla
1d
Intel’s shares fall on the back of Arrow Lake disaster
Chipzilla can’t get a break Chipzilla’s share price took a significant hit today, dropping nearly 4.5 per cent as the Cocane ...
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