Intel plans thousands of job cuts in face of PC slowdown
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Re: Intel plans thousands of job cuts in face of PC slowdown
#2Re: Intel plans thousands of job cuts in face of PC slowdown
#3Is the 15% sales "tumble" because people and companies are holding on to their PCs for a longer time? This could be good news for the environment.
Re: Intel plans thousands of job cuts in face of PC slowdown
#4The cause is the international economic downturn/ high inflation, combined with a collapse in cloud computing orders.
Around 30%-40% of PC sales were going to cloud compute. This is slowing.
Re: Intel plans thousands of job cuts in face of PC slowdown
#5Is the 15% sales "tumble" because people and companies are holding on to their PCs for a longer time? This could be good news for the environment.
PC/laptop is a luxury goods for middle income families. Currently uncertain times are definitely not helping sales. And if they are forced to buy a new one a budget options are more likely (cheaper chip option - amd).
Re: Intel plans thousands of job cuts in face of PC slowdown
#6Intel is always planning thousands of job cuts. As soon as you get a job an Intel you'd better start looking for your next job.
Re: Intel plans thousands of job cuts in face of PC slowdown
#7The cause is the international economic downturn/ high inflation, combined with a collapse in cloud computing orders. Around 30%-40% of PC sales were going to cloud compute. This is slowing.
I wonder how much profit Intel really makes on the data center. The tech press never questions it, but Intel does a lot of gaslighting and notoriously has many sock puppets in the industry press. We are told all the time that the data center is subsidizing the consumer but I wonder if the truth is the other way around... Certainly Intel wouldn't have gotten within 100 miles of the data center if it hadn't been for the volume of client parts being able to pay for technology that pulled ahead of SPARC, MIPS and all the legacy chips.
On one hand, the data center gets better utilization, maybe gets more value, and maybe turns over hardware faster. (e.g. why do I want to buy a new computer when the IGPU is just going to make it crash faster?)
On the other hand there is more competition for the data center, particularly cloud providers who could amortize rewriting simple but large scale applications like Amazon S3 for ARM or RISC-V over a large fleet of machines. If the data center is able to drive a hard bargain, it may well be that the client is still subsidizing the data center, but we just get told its the other way around so that we won't ask for me and complain about the e-waste Intel tries to pass off on us. (e.g. "try" because their sales are collapsing)
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A good example of the gaslighting is this article
https://www.tomshardware.com/news/linux-kernel-update-kills-...
which should have the headline "Intel iGPU kills laptop displays".
Re: Intel plans thousands of job cuts in face of PC slowdown
#8Damn, that's a lot of people. Wow.
Re: Intel plans thousands of job cuts in face of PC slowdown
#9I worked at Intel and it kicked off my career. I believe putting a Cfo in charge of a company will lead to this. I wonder if apple will ever end up in the same situation
Re: Intel plans thousands of job cuts in face of PC slowdown
#10I’ve been through two layoffs at tech companies - one of 14,000 and one of 15,000.
One touched a lot of teams including my own. The second was mostly smoke and mirrors - they took multiple factories and supply chain employees and sold them or outsourced them to a company that picked up the payroll for those employees. Only a handful of roles were truly culled.
The announcement of the layoffs was theatre for Wall Street.