What is the probability that Intel, after this slashing of jobs, will very soon need these same employees and want them to return to the company? I have heard from some people that this could happen, although I doubt it.
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If things continue going the way they have Intel may very soon need no employees
Need the same employees - maybe, very soon - no.
During ACT we laid off 13k people and then hired 15k new employees in the next 12 months.
It will be a long time dude. Just look for something else and don't think about returning. They will always be the same.
They’re leaving the option open for rehire - I assume that’s mostly applicable to engineers that lose their jobs.
For SG&A (finance, IT, some HR analyst roles, maybe marketing/sales to a lesser extent) - expect those to be backfilled with labor from low cost geos (Costa Rica, Malaysia, India, etc.)