Thread regarding Intel Corp. layoffs

Intel - Split & Sell

Bloomberg has a breaking story today that at the Sept board meeting they will decide on options to split and sell the company - ISP on track to swoop in then- likely to take out another 15%

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| 2321 views | | 3 replies (last August 30, 2024) | Reply
Post ID: @OP+1ug7TXvL

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Intel will not look the same by Christmas. The bankers will demand a split. Still speculation but now coming from multiple credible sources. The lucky ones who secured early retirement will get the last of the cream. Second round of 15% redundancies coming before new year.

https://www.pcgamer.com/hardware/processors/as-intels-struggles-continue-rumours-are-now-emerging-that-plans-are-afoot-to-flog-its-chip-manufacturing-fabs/

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Post ID: @oxe+1ug7TXvL

People who didn't take the VSP or early retirement will soon regret those decisions. Once the company starts to break up the workforce will be reduced fast and the severance will be the minimum required by law.

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Post ID: @rvq+1ug7TXvL

Even I knew this the moment the two accounts were split. It's a no brainer!

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Post ID: @hmw+1ug7TXvL

Not news, insiders have known this for a year

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Post ID: @jmp+1ug7TXvL

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