Thread regarding Intel Corp. layoffs

3 billions savings in 2024

Are we expecting layoffs in 2024 ? Why nobody is talking about that?

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| 3131 views | | 7 replies (last October 30, 2023) | Reply
Post ID: @OP+1pkTTjlh

7 replies (most recent on top)

Where did you see $3B cuts are coming in 2024? Could happen but I haven’t heard that plan yet.

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Post ID: @1cha+1pkTTjlh

Don’t believe one word from the EalT and how great this company is doing!!!

Our revenue hasn’t been this low since a decade ago, yes a decade ago in 2014, yes the last time we had such revenue was 2014!!

We had 30k lass employees, RD, Fabs and process was fare easier and we were leaders.

Now we are the joke of the industry and Nvidia, AMD, Apple and TSMC giving us a can of whoop @ss and soon Qualcomm and others will to.

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Post ID: @ilb+1pkTTjlh

Significant cuts to green badges next year in my area. 40-50%.

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Post ID: @bxc+1pkTTjlh

Hiring freeze is thawing

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Post ID: @wtd+1pkTTjlh

Sure. If the economy goes to h. Every company will have to resize. U wishing to be resized?

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Post ID: @pzu+1pkTTjlh

10k more in 2024; each year 10k until the count reduces to 50k.

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Post ID: @ojz+1pkTTjlh

Doubt it to many people leaving coming actually need to hire

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Post ID: @uke+1pkTTjlh

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