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> Intel headcount in 2022 was 131,900. Not sure if you intentionally picked the all time high headcount, but you did. Intel's headcount was relatively stable
by ac29 1y ago
> Intel headcount in 2022 was 131,900.
Not sure if you intentionally picked the all time high headcount, but you did.
Intel's headcount was relatively stable between 100-110k people between 2014 and 2021 [0]. So, getting down to 75k is definitely still a major reduction, but 2022 was also an outlier. A lot of companies overhired during Covid, and Intel particularly was the beneficiary of WFH pulling in a lot of corporate spending on laptops etc.
[0] https://morethanmoore.substack.com/p/intel-2025-q1-financials https://morethanmoore.substack.com/p/intel-2025-q1-financial...
- sys_64738 1y agoBut the statistic parent poster showed is still correct.
- BeetleB 1y agoCorrect statistics is one thing, useful statistics is another.
- sys_64738 1y agoThis particular statistic is wholly correct and precisely defines the downward trajectory of INTC. It's not like the stat is from 1976.
- BeetleB 1y agoINTC was clearly inflated in 2022 - it rose up with all the COVID hype, so yes, it is misleading. It's like looking at Gamestop stock right when it was artificially boosted by Wallstreetbets, and saying "Look at its decline!"