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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[–] linearchaos 27 points 3 months ago (2 children)

That's definitely a huge issue but they're going to have a hell of a time on the overcooked processors on the market right now. They've sold a hell of a lot of defective product over the past couple of years. Consumers and third parties are going to come after them for refunds. Consumer confidence is way down. They're going to have a hell of a time trying to sell 15th gen to people. Everyone I know who knows what in the hell is going on is going to AMD.

[–] buddascrayon 10 points 3 months ago (1 children)

Consumer confidence is way down. They're going to have a hell of a time trying to sell 15th gen to people. Everyone I know who knows what in the hell is going on is going to AMD.

I've been in the industry since back when AMD actually was making the processors for Intel. And people have been saying this exact thing every time there's a fluctuation in the processor market. Yet Intel still basically owns the market anyway.

The failure in Intel isn't their processors, it's their management.

[–] linearchaos 4 points 3 months ago

I mean you can't blame the rocks, of course it's the management :)

[–] [email protected] 1 points 3 months ago

You have a hell of a love for that phrase!