With the massive turbulence in top leadership a massive layoff is planned for mid September .
My source is highly placed and privy to the inner circle of the Executive leadership.
Get ready, most of you will receive a well deserved unceremonious layoff.
Hopefully you all get escorted out the door by the private guards hired for the special day.
Confirmed!
Confirmed by Intel-wide hiring freeze.
Layoff notices and site closure announcements have started. Aug/Sept timeframe was correct.
Intel needs cuts. But nothing on cards as yet. India needs to be staffed up and trained before such actions are taken.
Notice how the doom is always 1-2 months away. What happened to July layoff, and then August layoff? 😂
Confirmed, huge layoff needed to artificially prop up the lagging stock price.
Did the previous ceo have the plan?
AMD is going to slaughter Intel in next two years, not to mention ARm and TSMC, SA in tmg foooooooked intc up, gonna get nasty, enjoy this quarters bonus.....
Not OP, I’ve heard rumors too, but that’s all they are. No size estimate. Who really knows anymore, you can’t trust the leaders one bit.
No layoffs just yet, need new CEO to put his boot print on your a$$ in the next layoff
your source is a massive tool and will be shown the door.
confirmed