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Intel’s CEO suddenly retires

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engadget.com

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Tue, Dec 3, 2024 02:55 PM

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Pat Gelsinger is retiring after over 40 years at the company.

Pat Gelsinger is retiring after over 40 years at the company.                               [The Morning After]( It's Tuesday, December 3, 2024. It’s been a quiet few news days as everyone seemingly parses deals from Black Friday through to Cyber Monday. But there’s always time for a shock announcement: Pat Gelsinger is [retiring]( after over 40 years at the company and close to four years at the chip manufacturer’s helm. Effective December 1, Gelsinger left his post and his position on the board of directors. The board has created a search committee to “diligently and expeditiously” find a new CEO. Gelsinger oversaw Intel during a tumultuous time for the company. In late 2022, Intel laid off about 20 percent of its staff in some divisions. This year alone, the company announced it would lay off another 15,000 people — or 15 percent of its workforce — amid a $10 billion cost-reduction plan. — Mat Smith Get this delivered daily direct to your inbox.[Subscribe right here!]( The biggest tech stories you missed - [PS5 anniversary update adds themes for each generation of the PlayStation]( - [Walmart Cyber Monday deals still available]( - [Amazon Prime members can play Death Stranding for free on Luna this month]( [AOC is the first Bluesky user with a million followers]( She’s been active since early 2023. Congresswoman Alexandria Ocasio-Cortez (AOC) became the first individual account with a million followers on Bluesky. The decentralized social network has seen multiple spikes in user numbers since Twitter’s transformation to X and the recent US election, with its user base tripling in just three months. AOC has been active on the platform long before its post-election surge, posting 437 times since joining the platform in April 2023. [Continue reading.]( [Tesla Model 3, Model Y and Cybertruck owners finally get SiriusXM access]( It’s part of the 2024 Tesla Holiday Update. [[TMA] Tesla]( Tesla is finally adding SiriusXM integration to its best-selling models. The long-requested feature is coming to the Model 3, Model Y and Cybertruck (the three most popular EVs in the US) as part of the 2024 Tesla Holiday Update. After receiving the update, owners will see SiriusXM in the media sources menu. You’ll need Tesla Premium Connectivity ($10 monthly or $100 annually) or an active Wi-Fi connection for access. [Continue reading.]( The Morning After is a daily newsletter from Engadget designed to help you fight off FOMO. Who knows what you'll miss if you don't [subscribe](. Craving even more? [Like us on Facebook]( or [follow us on Twitter](. Have a suggestion on how we can improve The Morning After? [Send us a note.]( [Twitter]( [Facebook]( [Youtube]( [Instagram]( You are receiving this email because you opted in at [engadget.com](. Not interested anymore? [Unsubscribe]( from this newsletter. Copyright © 2024 Yahoo. All rights reserved.

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