Posted by DigiNomad on 1st of Aug 2024 at 04:10 pm
INTC cutting costs (aka firing people) and expected to continue.
Projected to cut 1 billion in costs. I'm guessing all the
layoffs are backfilled with AI bots, but hard to say until someone
probably asks at the conference call.
INTC cutting costs (aka firing
INTC - big bite out of the chip
Posted by DigiNomad on 1st of Aug 2024 at 04:10 pm
INTC cutting costs (aka firing people) and expected to continue. Projected to cut 1 billion in costs. I'm guessing all the layoffs are backfilled with AI bots, but hard to say until someone probably asks at the conference call.
Down 20% .... cut 15%
Posted by mla127 on 1st of Aug 2024 at 05:40 pm
Down 20% .... cut 15% of it's workforce ... Went from Intel inside ... to Intel Outside ...