Eezyville@sh.itjust.works to Technology@lemmy.worldEnglish · 3 months agoIntel is laying off over 15,000 employees and will stop ‘non-essential work’www.theverge.comexternal-linkmessage-square235fedilinkarrow-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 · 3 months agomessage-square235fedilinkfile-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-squareSaledovil@sh.itjust.workslinkfedilinkEnglisharrow-up5·3 months agoWow, intel must really be struggling if they need to lay off this many people. I don’t think it’s reasonable to invest in Intel at this time. Or well, I think news of layoffs should always be interpreted in a way that’s pessimistic for shareholders.
minus-squarecuriousaur@reddthat.comlinkfedilinkEnglisharrow-up3·3 months agoHave you seen the performance and efficiency of these arm chip? The performance and battery life of Apple’s chips compared to the Intel chips before then? Intel should be absolutely embarrassed.
minus-squareSaledovil@sh.itjust.workslinkfedilinkEnglisharrow-up1·3 months agoI must admit I don’t keep up with chip developments.
Wow, intel must really be struggling if they need to lay off this many people. I don’t think it’s reasonable to invest in Intel at this time.
Or well, I think news of layoffs should always be interpreted in a way that’s pessimistic for shareholders.
Have you seen the performance and efficiency of these arm chip? The performance and battery life of Apple’s chips compared to the Intel chips before then? Intel should be absolutely embarrassed.
I must admit I don’t keep up with chip developments.