Intel announced plan to cut thousands jobs and uncle 😴 joe has announced more shipping restrictions for Semiconductor Hardware tools to some of advanced fab in China. What is happening at your company ? https://www.reuters.com/technology/intel-plans-cut-thousands-jobs-face-pc-slowdown-bloomberg-news-2022-10-11/ #hardware #interview #semiconductor
More companies to follow
Bloomberg is saying the same. Bloomberg: Intel Plans Thousands of Job Cuts in Face of PC Slowdown. https://www.bloomberg.com/news/articles/2022-10-11/intel-is-planning-thousands-of-job-cuts-in-face-of-pc-slowdown
ASML is next?
Yikes….who’s next?
LFG
Any layoffs in engineering at Intel ?
Nope
Fun fact: Intel's stock price hasn't recovered since 1998 This just shows intel was a titanic and had no growth. Its kinda amazing how this pathetic company is still alive
Intel has been shrinking for a while. And govt is unfortunately turning this recession into depression..
This government has been nothing but an economic and foreign policy disaster for everyone.