Intel Cuts Budget for Client and Data Center Groups, Layoffs Imminent

[erek]

More strategic optimizations

"Intel Spokesperson

Intel is working to accelerate its strategy while navigating a challenging macro-economic environment. We are focused on identifying cost reductions and efficiency gains through multiple initiatives, including some business and function-specific workforce reductions in areas across the company.

We continue to invest in areas core to our business, including our U.S.-based manufacturing operations, to ensure we are well-positioned for long-term growth. These are difficult decisions, and we are committed to treating impacted employees with dignity and respect."

Source: https://www.techpowerup.com/308340/...lient-and-data-center-groups-layoffs-imminent

 

[Comixbooks]

My time with Intel Retail Edge was fun but it was like an addiction.

 

[david123]

These 2 groups used to be the cash cow for Intel. They have great benefits and higher bonus. Everyone wants to work in these 2. Image how many people just sit there collecting money by doing nothing. Not sure how much layoff they really need to clean up house. But this is on the right direction at least.

 

[Lakados]

Intel is famous for being "Management heavy" they have an abundance of bean counters at every level and micromanagers in every corner. There are an abundance of widely available software platforms that easily make a lot of managerial styles completely redundant, and Intel famously adopted many of those styles over the past 20 years.