Thread regarding Intel Corp. layoffs

I just saw OP on the sidewalk outside the entrance.

He was wearing a placard which says, 'The End Is Near'

Now that is commitment to the troll.

Intel is too big to fail.

/s

@OP So you are telling me there might be a chance?

YeeaaaHHHH!!!

Edgy paid posters on here like it up where the monkey flies

I don't believe how much time OP spends watching propaganda videos in the cafe.

• Monkeys fly out of OPs Butt [02:58]

This video discusses Intel's significant financial struggles and strategic changes.

Here's a breakdown of the key points:

• * Job Cuts and Facility Halts [00:00]: Intel is eliminating 24,000 jobs and stopping the development of new facilities due to a disappointing financial quarter. The CEO admitted that Intel had overinvested in new factories without securing sufficient demand.

• * Cost Reduction [00:25]: The company aims to decrease expenses by $17 billion over the next year.

• * Future of Cutting-Edge Technology [00:45]: Intel might stop trying to develop cutting-edge node technologies if their 14A process doesn't attract major external customers.

• * Concerns about Monopolies [00:58]: The speaker expresses concern about a future where TSMC has a monopoly in cutting-edge chip manufacturing, and AMD controls the x86 chip market, without credible competition from Intel.

• * Impact of Job Losses [01:54]: The speaker emphasizes that the loss of 24,000 jobs and the end of facility development are not beneficial outcomes.

• * Past Expectations vs. Reality [02:23]: The current situation at Intel was considered unthinkable even five to ten years ago.

• * Leadership and Unfinished Plans [02:48]: The speaker notes that Pat, presumably a former Intel leader, had a plan but didn't stay long enough to see it executed, despite Intel bleeding money during his tenure.

I hope it is. There are too many eaters - especially at the top. Another company can take over leading edge process manufacturing and actually run it like a business. Get new fab and process dev leadership that knows wtf they are doing. Product engineers can switch jobs. Everyone else - you must leverage your soft skills to pivot in your career trajectory.