Former Intel CEO calls for prayers and fasting for employees during corporate challenges

Former Intel CEO Pat Gelsinger has called for prayers and fasting for the company’s 100,000 employees amid significant challenges. His appeal comes after he stepped down last week due to disagreements with the board over his turnaround strategy. Gelsinger's departure follows Intel's ongoing struggles, including a 15% workforce reduction and a $10 billion spending cut. The company reported a loss of $0.46 per share and a 6.2% drop in revenue, while its stock has fallen over 58% this year. David Zinsner and Michelle Johnston Holthaus have been appointed as co-CEOs. Intel continues to face stiff competition from companies like Nvidia, which has seen its stock rise significantly.