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Intel allegedly plans imminent lay off of thousands of employees to fuel turnaround
(www.tomshardware.com)
this post was submitted on 01 Aug 2024
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Struggling to roll out products that don’t immediately break. Struggling to keep pace with competitors after blowing a huge lead. Facing new threats in the form of arm and risc v. I know, let’s lay off staff that’ll help.
risc v is not a concern because they could just build risc v chips themselves, likely more efficient than competitors too. I would be VERY surprised if they didn't have a team working on it internally. Arm and quality are their big issues right now.
Short sighted of them to exit the ARM business when they sold XScale to Marvell in 2006.