Eezyville@sh.itjust.works to Technology@lemmy.worldEnglish · 2 months agoIntel is laying off over 15,000 employees and will stop ‘non-essential work’www.theverge.comexternal-linkmessage-square238fedilinkarrow-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 · 2 months agomessage-square238fedilinkfile-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-squareAllonzee@lemmy.worldlinkfedilinkEnglisharrow-up29arrow-down2·edit-22 months agoThis is an admisson of no future. They’re throwing crew out of their boat full of holes to assure investors they’re ship shape… for the next quarterly profit report. Their corpse will be long since picked clean of their patents, assets, and trademarks by 2030.
This is an admisson of no future.
They’re throwing crew out of their boat full of holes to assure investors they’re ship shape… for the next quarterly profit report.
Their corpse will be long since picked clean of their patents, assets, and trademarks by 2030.