Oregon - 529
Arizona - 172
California - 584
Austin - 110
And it has just begun. Any bets where it ends?
8 replies (most recent on top)
Most of the layoffs were from the fab.
Other groups just had to lose the usual few sacrificial sheeple.
Fabs thought that being close to the wafer gave them job security.
They did not consider that the only reason they still had a job was because Intel was refusing to reduce capacity to meet what appears to be structurally lower demand.
Plus all the delusions about how fast IFS could gain external customers.
News Flash: the answer is slowly.
Being close to the wafer is now probably the riskiest place to be at Intel, due to the massive badge flipping & outsourcing that has to happen in order to get the cost structure comparable to any other foundry.
Plus the need to shed the non-EUV fabs, in IR and AZ, and all the fabs in Israel and NM.
Give it 3 years and Intel will be much smaller and maybe able to grow again. First, the company has to shed all this IDM dead weight.
And who weights more than your average fab technician?
Source?
Smoke and mirrors with carefully timed WARN notices and quietly jettisoning lots more behind the scenes. It’ll be 20k plus by time it’s over. Only a fraction reported based on minimum they need to disclose.
Numbers are not close to accurate. 90% of the Intel Marketing organization was impacted, many of those are in Portland. Only 2 marketing roles are listed in the warning.
@a8 puff puff pass
@a4 If they take the brunt they'll need a blunt...
Foundry is going to take the blunt is my guess
Again, the numbers are not accurate.