Thread regarding Intel Corp. layoffs

Intel's Historic Collapse (Reuters)

Jan 27 (Reuters) - Intel Corp (INTC.O) saw about $8 billion wiped off its market value on Friday after the U.S. chipmaker stumped Wall Street with dismal earnings projections, fanning fears around a slump in the personal-computer market.

https://www.reuters.com/technology/intels-historic-collapse-sparks-selloff-chip-stocks-2023-01-27/

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Post ID: @OP+1kWYgBg8

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This must've been what it felt like working at Motorola and seeing it die in real time.

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Post ID: @1vly+1kWYgBg8

The enormous capital requirement guarantees that the collapse will be fast, cliff like.

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Post ID: @aup+1kWYgBg8

Must be great to be part of a collapse, what a legacy

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Post ID: @yzl+1kWYgBg8

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