Intel cuts 15000 jobs

Originally published at: https://boingboing.net/2024/08/02/intel-cuts-15000-jobs.html

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They should have started at the top…

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wrote in his email that the layoff is “the hardest thing” he’s done in his career.

Yeah, he busted his chops off signing pink slips to keep his $$$ quarterly bonus. That 5th yacht won’t pay for itself, people!

And, seriously, that chip flaw in two generations?! How does he even still have a job? (I know: the old bro network.)

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I’m sure this will help them solve their crashing CPU problems.

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dagblang-it… i was nearly about to jump on an new(er) intel desktop build too. was going to use 12th gen, but given this imbroglio blocking a possible upgrade path, i think it’s time to re-calculate down the ryzen (AMD) path. (hmm… 5900x?)

oh, and [sheepishly]… those poor folks losing their jobs! and just when Washington.D.C was making some real efforts to prop up domestic chip makers

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Intel executives looked at Boeing and said “this how to run a company”

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Jimmy Fallon Trouble GIF by The Tonight Show Starring Jimmy Fallon

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Even without the interlayer oxidation shit happening, right now AMD provides the most bang per buck unless you do heavy video editing. AM4 if you’re short of cash, AM5 if you want the nicer things in life like 2.5Gb Ethernet, DDR5 memory, faster PCI bus, etc…

I was waiting if Intel would made a jump like they did from P4 to Core architectures - after all, it would be the logical thing, these kind of qualitative jumps take years - but they seem stuck on the P/E core adventures that has been, so far, quite dissappointing.

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Intel - Wikipedia

The former CFO of Boeing is on the board.

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no video editing, just a bit of small molecule (in enzyme) docking and stats (via CUDA)

Thank you for the advice! i’ll accept it entirely.

(hmm… ASUS, asrock, MSI, Gigabyte… ?)

and yes, legacy rot is really in-place in the American tech industry these days. why “all of a sudden”? (“well the boomers are all retiring/dying, y’see”)

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A Peter Principle CEO knows that packing the board with fellow greedy mediocrities is the only way to keep his well-paid position. See also Musk.

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Oops!

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What always puzzles me a bit about these sorts of radical layoffs is the question of just what they are doing now to have 15,000 people they think they can do better without.

Are they targeting a specific division/project/business unit but decided not to mention that fact in their update? Trying to distribute the layoffs as evenly as possible and whip 15% more out of those remaining? Just slashing investment in the future so that Q3 may thrive?

If anything; it seems like being on the back foot is a terrible time to do less R&D and engineering, or you’ll have an even bigger problem later and, while I find the world of sales and marketing sinister and inscrutable, I assume that the people out cajoling customers into going Xeon over Epyc aren’t having an easier time now than they were back when Opterons kind of sucked.

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That’s not how this is supposed to work!
Stocks are supposed to go up when you fire people!

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from the cbc article above

A statement from the company said that it would not be disclosing specific headcount numbers by site or geography

so… :person_shrugging:

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Which ever motherboard manufacturer you go for, it will suck, but 95% of them can be made to do most of what you want, as long as you temper your expectations.

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The thing is, Intel has regularly done layoffs throughout its history. The lowest performing X% of its workforce receives the dreaded “Improvement Required” designation, which is the first step toward being laid off.

15,000 may be large but it’s not out of line with Intel’s history.

This is not to say that they aren’t f**king up royally right now.

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I’ve a friend used to work there. Says the senior management were the worst bunch of evil arseholes he had ever seen.

TBH at this stage if you head up a major tech company I find it difficult to imagine that you possess a single redeeming quality.

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Additional information, links:

Not just laying off ~16,000 jobs, also cutting cap-ex and outsourcing some parts of manufacturing to Taiwanese rival TSMC.

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Looked up “about” on our Lenovo laptops. 8th and 12th gen CPUs. Not 13th or 14th. Phew!

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