this post was submitted on 01 Aug 2024
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Intel is laying off over 15,000 employees and will stop ‘non-essential work’ (www.theverge.com)
submitted 3 months ago by [email protected] to c/technology
236 comments fedilink hide all child comments
 

So they got all that money from Uncle Sam's CHIPS Act only to lay off 10,000 employees and make themselves "lean". Govt funded unemployment.

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[–] brucethemoose 15 points 3 months ago

I feel like they have the farm bet on Falcon Shores and (to a lesser extend) the Xe line now, and of course the foundry.

It'd be great if the bad rumors and delays would stop... yeah...