2021
Revenue = 79B
Employees = 121K
2024
Revenue = 53B
Employees = 109K
Simple scaling would imply (53/79)*121 =81K
employees.
Now consider the revenue trends and current headcount and plan accordingly.
9 replies (most recent on top)
OP is Simple Jack.
'You m m m m make me happy'
Oh Great, another post from the Business For Dummies Troll.
@b5 Totally agree, a good rule of thumb for this business is closer to $1M/employee.
@don’t believe guy: complex math involves the imaginary much like the humor in your so called jokes
121K for $79b was also way too many.
OP, your math is too simple. Your headcount numbers include subsidiary and nand employees that have no impact on Intel corp revenue you stated. Also the 4k nand employees permanently dropped off the books as of late March 2025. It also appears that you are making an assumption that the employee counts aren't bloated regardless of the revenue levels. If you subtract 9.9K for the subsidiary and nand employees and take off another 10-15k for bloat it puts you in the mid 50K range stated earlier in this thread by @as. I think there is even more opportunity to reduce into the 40K range of BB by outsourcing.
LBT: Let's put lipstick on the pig, bump stock, sell it off. Sales ain't knocking it out of the park and only going down. Cut employees, marginal products, fabs that ain't going do well. Bo-m! Profitability good, cashflow really great. Higher stock price better selling price. Basic math. OP is right with flat sales and lower margin need to be 60K
I don't believe OP knows how to do complex math.
50k-60k employees is the target more layoff q4/q1 big ones
Be able to then sell the parts to maximize shareholder value