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Intel is laying off over 15,000 employees and will stop ‘non-essential work’
(www.theverge.com)
this post was submitted on 01 Aug 2024
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What’s crazy to me is that they are laying off more employees than the total number of full time employees I’ve worked at for most companies.
They are laying off 12% of their work force.
That's what happens when companies are too fucking big, and intel was essentially a monopoly for a while.
I have interned at AT&T while at University, laying off a 1000 people would be less than 1 % for them.
After seeing this article I went down a rabbit hole and IBM isn’t even in the top 10 US of most employees. Here’s some of the popular ones from the top 30.
https://en.m.wikipedia.org/wiki/List_of_largest_United_States%E2%80%93based_employers_globally
...i'm surprised to see DHL rank so highly in that list: what's their domestic market focus, business-to-business freight logistics?..i seldom see DHL packages and when i do they're almost exclusively of international origin...
That was also my thought as well. I only use DHL with some international orders, so I questioned their placement on that list.
... the 12 percent that actually does something too...