Official communication from SP came through this morning stating headcount reduction details to come during QGS mid May. Any ‘insider’ here know the headcount impact? I find it shocking given PSG with record breaking sales qtr over qtr. Guess no BU is safe.
3 replies (most recent on top)
It will be most likely voluntarily
PSG is the cash cow that Intel has to milk in order to fund the moonshot. You got to get the margins up as they are near all-time lows, esp if you back out the non-gaap adjustments that are dubious at best
TD is safe.