Thread regarding Intel Corp. layoffs

https://seekingalpha.com/article/4066686-dissecting-intels-bad-quarter

Classic retreat to the high end while volume dries up.

The gig is up.

This is how dinosaurs die.

@N15FuUG-inm What happens after a year 😳

Good thing is every Intel employee can enjoy their life for another year ☺️

The stock actually held up well today, with heavy support at or near $36. The numbers were really not all that great, but bumping up the full year guidance by $500m and talk of cost management was able to assuage Wall Street.

Everyone should go listen to the conf call here: https://www.intc.com/investor-relations/events-and-presentations/events-calendar/event-details/2017/Q1-2017-Intel-Corporation-Earnings-Conference/default.aspx

Listen to some of the answers they give to the questions - Bob Swan in particular has admirably learned all the buzzwords and phrases. CCG (and DCG to some extent) are relying on high ASPs to meet their guidance for the year. It's like they don't even know there is real competition breathing right down their necks, with a customer base who is literally aching for a viable second source.

INTC will trade in a tight band until next earnings, swinging only with macro market events. Wait until after ex-dividend and decide from there, folks.

Right to work laws in the US mean that a company can layoff workers for any cause and even no cause. What workers have been told up to a layoff is meaningless, only a signed contract counts. Any company layoffs are entirely up to what management thinks is needed right now.

You have no promise of employment and no right to expect one in US. Therefore, saying on this board that there will be no layoffs is baseless.

Layoff might be next year's thing, not for this year for sure!

There is no reason this stock would move to $40.00, there are too many unknowns about decisions like Mobileye, the continued erosion of PC sales, and data center slow down.

No worry, no layoff for this year. Everyone is survived 😃

Almost down 4% now. It is the time to buy! Then, we will see $40 in short time.

Kudos OP and you are spot on!