Intel Announces Mass Layoffs Again!
- May 8, 2023
- 0
Layoffs in the tech world continue at a rapid pace. Nearly all tech except Apple has laid off tens of thousands of workers in recent months. Now The
Layoffs in the tech world continue at a rapid pace. Nearly all tech except Apple has laid off tens of thousands of workers in recent months. Now The second wave has even started.
While the latest news about the second wave of layoffs came from Disney, today there’s also some new news from Intel. intel,”job-specific withdrawals of personnel“He announced that he would.
20% of the employees in the company can be fired!
Intel’s new statement was actually an industry-expected statement. While Intel did not disclose how many staff to lay off in its latest statement, there are some estimates on the subject.
First to raise the possibility of Intel layoffs Dylan Patel of Semi-Analysisused the following statements about the number of people to be removed in his last post:
“About 10% cut. Considering Fixed Costs, Data Center and Customer Groups layoffs up to 20% resources.”
Although Patel’s dismissal claims have turned out to be justified, it is currently uncertain to what extent the said personnel reduction will take place.
Intel shared the following statement regarding the layoffs:
“Intel is working to accelerate its strategy as we move forward in a challenging macroeconomic environment. We are focused on identifying cost savings and efficiencies through multiple initiatives, including some company- and role-specific headcount cuts across the company.
We continue to invest in key areas of our business, including our manufacturing operations in the US, to ensure we are well positioned for long-term growth. These are difficult decisions and we are committed to treating affected employees with dignity and respect.”
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Source: Web Tekno
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