this post was submitted on 01 Aug 2024
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Intel is laying off over 15,000 employees and will stop ‘non-essential work’ (www.theverge.com)
submitted 3 months ago by [email protected] to c/[email protected]
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So they got all that money from Uncle Sam's CHIPS Act only to lay off 10,000 employees and make themselves "lean". Govt funded unemployment.

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[–] [email protected] 268 points 3 months ago (29 children)

Prepping for all those spicy class action lawsuits coming their way.

[–] [email protected] 61 points 3 months ago (27 children)

I'm rather OOTL with intel. Mind giving me a short summary? What'd they do this time?

[–] [email protected] 17 points 3 months ago* (last edited 3 months ago)

IIRC they sold and shipped 2 generations of CPUs that were essentially defective and unrepairable.

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