I can't predict when the next layoff will be, but as an engineer do some common sense analysis.
Billions spent on new intiaves with years before real revenue or any profits. Crazy high capital expenditures for 10 and 7nm and both programs late and if 10 is any indication big cost issues.
Larger core x86 business is flat at best and management has failed to find a real credible strategy leveraging any Intel strength for growth for the future.
Look around at the design houses or the semiconductor houses and you see strength and focus from well managed and executing companies. Intel competitors these days aren't weak and poorly funded and managed like the AMD of old, nor is there a monopoly printing money faster and faster like two decades ago.
At Intel you see dissarray and diluted and half executed programs. We gave up on tablets, mobile, security and much more, and we will also most certainly not have stomach and fold up on the other billion dollar. Look to the stupidity of ACT as the first of the many silly things and most certainly more ACTs are coming as Intel has no choice given its situation and need to pacify the stockholders.
The date maybe July and maybe not, but the good old days are gown and more layoffs ACTs are certain. So the question are you ready as it isn't a matter of if, but only when
Excellent analysis by @O1Dde9P-dwa, a must read.