It could easily make things worse. The new owner will likely accelerate layoffs, cut costs, and implement significant reorganization. At this point, I’m no longer concerned about Intel's future; I just want to keep my job until I find another one. As simple as that. Anything that increases the likelihood of being laid off is not good.
11 replies (most recent on top)
Only positive is see is that a buyout will raise the stock price enough so most people can get out of it.
Buy will change a lot for us as new owner will fire most of us and replace us with his current employees
Massive layoffs. The people remain may end up to be the worst managers and politicians. Intel trained so many politicians and liers.
Massive layoffs coming.
Cable TV replaced by 5G, yes. But Fiber? Learn the difference between a physical layer and a protocol. We’re calling you out
Cable TV replaced with fiber? WTF? I can only conclude you’re an aspiring philosopher yet a mo--n
Yes. Best choice is to get another job. Kodak film business no longer exists, Motorola analog phones with antennas no longer exist, and TV cable being displaced by fiber. Intel X86 will continue to loose market share to competing technologies.
They will lay off most intel employees. Why have redundant positions held by two different people. This news is good for Intel but bad for Intel employees.
It might force needed culture change
Why when Intel is already doing that for free?
A potential reason could be to run it into the ground and end X86 once and for all.