https://oregonbusiness.com/intel-will-lay-off-15000/
7 replies (most recent on top)
Way more than 3k. Oregon site will be blood bath with vast majority of the resource actions occurring
Good, they need to
Intel is so bloated that these layoffs will not help a bit. Need to cut more than half and then still it won't help.
Wait until after next quarter's worse earnings report. More than 3000 layoffs for sure.
It will be more in Oregon then 3k
Targets are based on budgets and not headcount, so no one has that answer yet.
My group SATG got a 25% reduction to budget, and now the math to figure out which savings come from headcount reductions is underway.
Is that confirmed or just journalist maths of 15% of 20k? Ann never provided any concrete details in the QGS