@guj+1kPXYxLq Sales down 30% isn’t a crash that require radical action?
4 replies (most recent on top)
Unless there’s a widespread economic crash (which is a real possibility), I think Intel will wait until they fully digest these initial cuts, and then take stock. There will be a round 2, it’s just a matter of timing and size.
Facebook: 11,000 (13%)
Amazon: 18,000 (6% corp)
Microsoft: 10,000 (5%)
Google: 12,000 (6.5%)
Intel can’t afford not to have another round!
Likely after they announce q4 earnings
But q1 layoffs aren't over globally yet
You expect Intel to be efficient??