I am curious. Those layoffs are from a total of how many in each pool? If it's 10/15, that sounds fatal, but if it's 10/100, then I could see it working.
That's what I was thinking as well. It needs more context. What projects where they working on, average time with the company, etc. If you hired them in 2021 or 2022 and you're letting them go it's alot different than if they've worked for intel for 5 years or more. Or if it's half the arc graphics software team that's a big deal.
In general my guess is that profit margins for consumer products are too low hence the closure of there aged NUC line. Laptop and desktop to follow. On top of that a company in California must pay more to exist than other states. Intel seems to be focusing more on server / HBM products which are profitable.
Intel, like any other major company, is in a constant state of diversification and "refocusing" so the fact that there is a change in staffing that got attention is akin to being shocked at the discovery of water in a lake.
We’ve updated our terms. By continuing to use the site and/or by logging into your account, you agree to the Site’s updated Terms of Use and Privacy Policy.
Facebook
Twitter
RSS
12 Comments
Back to Article
meacupla - Friday, August 18, 2023 - link
I am curious. Those layoffs are from a total of how many in each pool?If it's 10/15, that sounds fatal, but if it's 10/100, then I could see it working.
andrewaggb - Monday, August 21, 2023 - link
That's what I was thinking as well. It needs more context. What projects where they working on, average time with the company, etc. If you hired them in 2021 or 2022 and you're letting them go it's alot different than if they've worked for intel for 5 years or more. Or if it's half the arc graphics software team that's a big deal.hetzbh - Friday, August 18, 2023 - link
Those who were fired should contact AMD. They are looking to hireThreska - Friday, August 18, 2023 - link
Make sure there are no compete clauses.ballsystemlord - Friday, August 18, 2023 - link
^lmcd - Saturday, August 19, 2023 - link
In California?PeachNCream - Sunday, August 20, 2023 - link
Those are either difficult or impossible to enforce in the US anyhow.JackNSally - Monday, August 21, 2023 - link
Doesn't matter in California.[email protected] - Friday, August 18, 2023 - link
In general my guess is that profit margins for consumer products are too low hence the closure of there aged NUC line. Laptop and desktop to follow. On top of that a company in California must pay more to exist than other states. Intel seems to be focusing more on server / HBM products which are profitable.PeachNCream - Saturday, August 19, 2023 - link
Intel, like any other major company, is in a constant state of diversification and "refocusing" so the fact that there is a change in staffing that got attention is akin to being shocked at the discovery of water in a lake.peevee - Wednesday, August 23, 2023 - link
Need money for all the diversity and inclusion offices...Anyway, cutting people in California just makes sense.
Hrel - Saturday, September 2, 2023 - link
Getting entirely out of California is the best thing they could do.