Dear Intelites

Bob sent the following email to Intel employees earlier today. Hello Intelites, My name is Bob Swanicane and I am the CEO of Intel. I am writing today to address the difficult decision we have collectively made to lay off 10% of our workforce due to the “weird company culture” that has pervaded our organization. I take full responsibility for the situation that has led us here — we allowed our “weird company culture” to go unchecked and it has cost us dearly. We have all heard the old adage “A company is only as successful as its culture” and I have now seen the folly of my ways. We must take a hard look at our values, our vision, and our core beliefs if we are to rise from this dark moment to a brighter future. I know this is a tough pill to swallow and this decision is not something any of us take lightly. We do not take the responsibility of laying off our valuable employees lightly and we will do everything in our power to ensure that those affected will receive all necessary support. We were the world’s most beloved company, and with your help, we will become so again. Thank you for your understanding, Bob Swanicane