Intel to Cut Thousands of Jobs to Reduce Costs, Fund Rebound

RION [she/her] to

technology • 4 months ago

9 Comments

(Bloomberg) -- Intel Corp. plans to eliminate thousands of jobs to reduce costs and fund an ambitious effort to rebound from an earnings slump and market share losses.Most Read from BloombergKamala Harris Wipes Out Trump’s Swing-State Lead in Election Dead HeatIntel to Cut Thousands of Jobs to Reduce Costs, Fund ReboundLuxury Heir Alleges His $13 Billion Hermès Fortune Has VanishedHamas Says Israel Killed Political Leader With Airstrike in IranIsrael’s Twin Strikes in Tehran, Beirut Ratchet Up T

Between the 13th/14th gen degradation issues and this Intel is not having a good time

Good thing one of Brandon's major legislation "accomplishments" isn't majorly riding on Intel or anything

Chat

brainw0rms
·
edit-2
3 days ago
deleted by creator

link

technology

Create a post

You are not logged in. However you can subscribe from another Fediverse account, for example Lemmy or Mastodon. To do this, paste the following into the search field of your instance: !technology@hexbear.net

On the road to fully automated luxury gay space communism.

Spreading Linux propaganda since 2020

Rules:

1. Obviously abide by the sitewide code of conduct. Bigotry will be met with an immediate ban
2. This community is about technology. Offtopic is permitted as long as it is kept in the comment sections
3. Although this is not /c/libre, FOSS related posting is tolerated, and even welcome in the case of effort posts
4. We believe technology should be liberating. As such, avoid promoting proprietary and/or bourgeois technology
5. Explanatory posts to correct the potential mistakes a comrade made in a post of their own are allowed, as long as they remain respectful
6. No crypto (Bitcoin, NFT, etc.) speculation, unless it is purely informative and not too cringe
7. Absolutely no tech bro shit. If you have a good opinion of Silicon Valley billionaires please manifest yourself so we can ban you.

Visibility: Public

This community can be federated to other instances and be posted/commented in by their users.

186 users / day
764 users / week
1.43K users / month
3.34K users / 6 months
22.5K local subscribers
23.3K subscribers
5.17K Posts
60.7K Comments
Modlog