Intel CEO: "The strength, resilience and resolve of Intel Israel's team has no bounds"
High-stakes meeting and Lip-Bu Tan’s letter point to Israel’s enduring role in the company’s most advanced chip design.
Earlier this week, hundreds of Intel development managers gathered at the company’s Haifa campus for a rare and carefully timed meeting, led by Karin Eibschitz Segal, Corporate Vice President and co-GM of Intel Israel, and Yaron Alankry, VP & General Manager, Client Development Group at Intel. The message from the top was clear: despite the painful round of layoffs sweeping through Intel Israel, the local development centers remain at the heart of Intel’s most advanced chip projects.
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According to a source who attended the meeting and spoke with Calcalist, Eibschitz Segal and Alankry emphasized that under the leadership of CEO Lip-Bu Tan, Israel continues to secure significant and strategic new projects. One of the clearest examples is the Panther Lake processor, expected to be Intel’s most advanced chip for laptops, which is being developed under the direct leadership of the Israeli team. The new chip is slated for release in the coming months and underscores how crucial the Haifa center remains to Intel’s core business in client computing.
The reassurances come at a tense time for Intel Israel’s workforce, which has been hit by cuts across management layers, operations, and support teams. But Intel executives stressed that alongside the layoffs, Israel’s engineering strength and track record of delivering some of Intel’s flagship technologies make the local centers indispensable.
Lip-Bu Tan’s personal involvement has been felt far beyond new project approvals. About three weeks ago, during Israel’s war with Iran, he sent a personal letter to all Intel Israel employees.
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“You have been on my mind a lot during these past several days. In addition to our incredible Intel community in Israel, I have also built deep business relationships and friendships during my many visits over the years. My thoughts are with all of you and your families, and I am praying for your safety,” Tan wrote.
“While I know it's far from the first time you have faced extreme challenges of this nature, that doesn't make times like these any easier. As you know, we have several employee resources available to you - and I will stay close with Karin (Karin Eibschitz Segal) and Dani (Benatar) as new needs arise. Your safety and security will remain our top priority.
“One thing I learned during my time on the Intel board is that the strength, resilience and resolve of this team has no bounds. I have seen these qualities on display once again as CEO. You consistently come together as a team, support one another and demonstrate the very best of Intel.
“I'm grateful for that. The entire ET is grateful for that. And we are here to support you through this period.
“Thank you for your commitment to each other and to our company during this difficult time. The work you do is a testament to your strength,” Tan concluded.
