248
Intel allegedly plans imminent lay off of thousands of employees to fuel turnaround
(www.tomshardware.com)
this post was submitted on 01 Aug 2024
248 points (97.7% liked)
Technology
59534 readers
3223 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Struggling to roll out products that don’t immediately break. Struggling to keep pace with competitors after blowing a huge lead. Facing new threats in the form of arm and risc v. I know, let’s lay off staff that’ll help.
risc v is not a concern because they could just build risc v chips themselves, likely more efficient than competitors too. I would be VERY surprised if they didn't have a team working on it internally. Arm and quality are their big issues right now.
Short sighted of them to exit the ARM business when they sold XScale to Marvell in 2006.