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Intel to announce plans this week to cut over 20% of staff

• gnabgib 1y ago
  Original source - Bloomberg (25 points) https://news.ycombinator.com/item?id=43767624 https://news.ycombinator.com/item?id=43767624
• deleted 1y ago
  [deleted]
• iamthemonster 1y ago
  Find me an American-owned company that doesn't have plans to cut 20% of staff. It just seems like the norm nowadays.
• transfire 1y ago
  Is this a reflection of the economy in general or just Intel’s own troubles? With Apple’s move to Arm and increasing interest in RISCV, the x86 architecture hegemony seems to finally be cracking.
  • mepian 1y ago
    RISC-V is at least a decade away from threatening x86 or high-end Arm.
  • JohnFen 1y ago
    I'm going to guess both. Intel's troubles are deep and existential in nature, but the state of the economy makes addressing those troubles far more difficult than they would otherwise be.