Layoffs are now a certainty as predicted.
https://techcrunch.com/2019/01/24/intel-shares-drop-6-after-rare-revenue-miss-in-q4-earnings/
2 replies (most recent on top)
Given current failure of its semi manufacturing (still cannot complete 10 nm), will new CEO close down fabs and outsource to TSMC?
And when they trigger 10nm depreciation and consumables with current Yield it will be spectacular to the bottom line