4 ms·

I am surprised, the stock didnt improve. Typically, markets like layoffs.

• deleted 2y ago
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• NoPicklez 2y ago
  It could be because in conjunction with the layoffs Intel are battling with a potential class action against their two latest series of desktop CPU's being faulty
• HDThoreaun 2y ago
  Intel had a really crappy quarter, layoffs can’t save that. The market likes when companies that had an ok quarter with revenue growth do layoffs.
  • s1artibartfast 2y ago
    Intel has had a bad couple years, posting as many quarterly losses as profits, barely breaking even on net.
• deleted 2y ago
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