Eezyville@sh.itjust.works to Technology@lemmy.worldEnglish · 5 months agoIntel is laying off over 15,000 employees and will stop ‘non-essential work’www.theverge.comexternal-linkmessage-square231fedilinkarrow-up11.14Karrow-down111file-textcross-posted to: hardware
arrow-up11.13Karrow-down1external-linkIntel is laying off over 15,000 employees and will stop ‘non-essential work’www.theverge.comEezyville@sh.itjust.works to Technology@lemmy.worldEnglish · 5 months agomessage-square231fedilinkfile-textcross-posted to: hardware
So they got all that money from Uncle Sam’s CHIPS Act only to lay off 10,000 employees and make themselves “lean”. Govt funded unemployment.
minus-squaregolli@lemm.eelinkfedilinkEnglisharrow-up9·5 months agoI always like this answer by Steve Jobs on the topic (here it’s xerox, but this also fits Intel pretty well).
minus-squaredeadbeef@lemmy.nzlinkfedilinkEnglisharrow-up9·5 months agoThis video is perfectly applicable, the rot that sets in in a large company when you have no competition to counteract it is exactly what has happened here.
I always like this answer by Steve Jobs on the topic (here it’s xerox, but this also fits Intel pretty well).
This video is perfectly applicable, the rot that sets in in a large company when you have no competition to counteract it is exactly what has happened here.