Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right its course.

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce specific layoff numbers.

This will begin in Q2 and we will move as quickly as possible over the next several months." Intel has been downsizing significantly over the last few years. Just last August, the company said it would cut more than 15,