5 ms·
Intel will lay off 20k employees
- jgwil2 4y agoBetter article: https://www.bloomberg.com/news/articles/2022-10-11/intel-is-planning-thousands-of-job-cuts-in-face-of-pc-slowdown https://www.bloomberg.com/news/articles/2022-10-11/intel-is-...
- mkeeter 4y agoOriginal Bloomberg article: https://www.bloomberg.com/news/articles/2022-10-11/intel-is-planning-thousands-of-job-cuts-in-face-of-pc-slowdown https://www.bloomberg.com/news/articles/2022-10-11/intel-is-... (https://archive.ph/74jNp https://archive.ph/74jNp)
- neogodless 4y agoThe Bloomberg article words this very differently: > The chipmaker had 113,700 employees as of July. > Some divisions, including Intel’s sales and marketing group, could see cuts affecting about 20% of staff, according to the people. To infer 20,000 total employees from that is making some assumptions, and also misrepresents the article it cites. (Not to take away from the overall message that this will be a big cut.)
- marban 4y agoCan we link to an OG piece at Bloomberg or https://arstechnica.com/information-technology/2022/10/report-intel-plans-layoffs-as-shrinking-demand-punishes-pc-makers/ https://arstechnica.com/information-technology/2022/10/repor... and not a listicle spam blog?
- gnicholas 4y agoShould this be changed to the original Bloomberg article? [1] This article seems to add nothing to the Bloomberg reporting, except to possibly inflate the numbers, as pointed out by another commenter. [2] 1: https://www.bloomberg.com/news/articles/2022-10-11/intel-is-planning-thousands-of-job-cuts-in-face-of-pc-slowdown https://www.bloomberg.com/news/articles/2022-10-11/intel-is-... 2: https://news.ycombinator.com/item?id=33181012 https://news.ycombinator.com/item?id=33181012
- cableshaft 4y agoThis[1] seems to be the Bloomberg article it's referencing. It doesn't say it will lay off 20% of staff like this article is referencing, just "thousands" and: "Some divisions, including Intel’s sales and marketing group, could see cuts affecting about 20% of staff, according to the people." Some divisions, not the entire company. Also this is in the article: "Intel’s last big wave of layoffs occurred in 2016, when it trimmed about 12,000 jobs, or 11% of its total." So if the headline were accurate, this would be twice as many people as six years ago. While it's possible that will be the case, I'm guessing it's more likely the number will be closer to the 2016 number. I think this article misinterpreted the source article, either by accident or deliberately for a juicier headline, and should be replaced by the Bloomberg article instead. [1]: https://www.bloomberg.com/news/articles/2022-10-11/intel-is-planning-thousands-of-job-cuts-in-face-of-pc-slowdown https://www.bloomberg.com/news/articles/2022-10-11/intel-is-...
- xdavidliu 4y agoBloomberg: some divisions could see cuts affecting about 20% of staff, according to people. Quicktechnics.com: Purple monkey dishwasher
- ehsankia 4y agodang, can we swap this for the bloomberg article instead?
- dredmorbius 4y agoEmail requests to the HN mod team at hn@ycombinator.com They don't monitor comment references. (I've done so for this submission.)
- dang 4y agoDefinitely, but I'd rather reward the first user to submit it (https://news.ycombinator.com/item?id=33170608 https://news.ycombinator.com/item?id=33170608), so we'll merge this thread into that one and re-up it.
- TimSchumann 4y ago
- dang 4y agoComments moved to https://news.ycombinator.com/item?id=33170608 https://news.ycombinator.com/item?id=33170608, which is the original source and was posted earlier. I've left the comments which were complaining about this article not being that one. Submitters: "Please submit the original source. If a post reports on something found on another site, submit the latter." - https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html
- deleted 4y ago[deleted]