Layoff will be before the Q2 earnings reports, so that it is reported as operational savings to compensate the actual loss. There will be Layoff in every quarter, until Intel can start to stop loss.
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Management has already been having HC meetings… several in the last few weeks. Only a matter of before the new trickles down. I think they are waiting on the reviews to come in so that they can justify decisions already made.
DefMet on the chopping block.
I think they are waiting for mid performance review results which are due end of month. So earliest mid July?