BK was worried about this risk. Once the sugar rush comes in the next few quarters BK won't be able to resist.
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Intel is indeed bloated and needs to lose fat fast, but - looking at the last 2 rounds of layoffs I can attest they were aimed at flesh, not fat.
The fat cats will stay and the fat/muscle ratio will increase to a point of immenent heart failure.
Source on this? Or this is something you heard from the management?
Intel is doomed. More layoffs to come.
TSMC revenue is $25B.
Like I said - dumbass.
Tsmc makes 800bn in revenue from 40k employees. So 80k employees is about right. Who's the f---ing dumbass now!
without some incredibly significant deals / design wins, Intel will will on the "cutting" edge so to speak.
Dumbass post.
QCOM makes 70% of their money from patent licenses. This takes just just a few lawyers.
Intel runs FABS which are labor intensive.
I agree with murthy. Intel is bloated like hell. Another 20k make it competitive to other hardware companies.
And you know what Murthy wanted how ? You sleep with him?