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Intel CEO announces layoffs, restructuring, $1.5 billion in cost reductions, expanded return to office mandate

⁨40⁩ ⁨likes⁩

Submitted ⁨⁨3⁩ ⁨weeks⁩ ago⁩ by ⁨neme@lemm.ee⁩ to ⁨technology@lemmy.zip⁩

https://www.tomshardware.com/pc-components/cpus/intel-ceo-announces-layoffs-restructuring-expanded-return-to-office-mandate

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Comments

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  • Damage@feddit.it ⁨3⁩ ⁨weeks⁩ ago

    It’ll help for sure

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  • salacious_coaster@infosec.pub ⁨3⁩ ⁨weeks⁩ ago

    I almost feel bad for Intel. They gave us perfectly fine CPUs that lasted for years without needing upgrading, and nowhere to go from there in a world that demands infinite exponential growth.

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    • Dudewitbow@lemmy.zip ⁨3⁩ ⁨weeks⁩ ago

      they didnt need upgrading because they sat mostly still till amd caught up.

      they intentionally made the consumer platform stay with quad cores for over 8 generations till AMD came around with Ryzen Gen 1 to be remotely competitive.

      theres a reason why 5% per generation was a joke for almost a decade.

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      • sleepydragn1@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

        This, but I’ll also never feel sorry for them because of the way they intentionally nerfed AMD’s processor performance in applications using their compiler (i.e. most big applications at the time) by checking if the the CPU was made by Intel and disabling optimizations if it wasn’t.

        That was some serious monopolistic, anti-competitive bullshit.

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  • hexthismess@hexbear.net ⁨3⁩ ⁨weeks⁩ ago

    “Just one more round of layoffs bro, it’ll work this time I swear!”

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