Intel plans thousands of job cuts in face of PC slowdown • Hacker News Board

Re: Intel plans thousands of job cuts in face of PC slowdown

#51

Post by agloeregrets » Wed, Oct 12, 2022, 6:26 PM UTC

Kukumber wrote: post #22

Hopefully for them that includes executives and managers, they are the ones responsible of the death of that company, not the engineers Congrats to Apple and AMD for having done better Microsoft ignoring AMD in their latest Surface lineup is a hint for the people looking for answers

> Microsoft ignoring AMD in their latest Surface lineup is a hint for the people looking for answers

I think the entire new surface line-up is a giant conspiracy.

The Surface Pro 9 5G has a Qualcomm 8cx Gen 3 with some tweaks called the SQ3. It does not match the performance of 12 Gen intel in a 15w power envelope, which is important because the Surface Pro 9 non-5G (intel) uses an i5-1235u, a 15w chip. But the last Gen, the pro 8 used a 28w 11th gen part. This means that the y/y perfromance is actually about the same (but better power/heat). If they used a matching 28w CPU it would have been a much bigger jump comapred to the ARM SQ3 5G.

But then, it gets WAY weirder.

The new (FOUR THOUNSDAND DOLLAR) Surface Studio 2+ ? 11th gen laptop CPU (11370H)...which is as fast as SQ3 will be.

Surface Laptop 5? Exact same specs as Surface Pro 8.

Casual reminder that the now two year old Apple M1 still smokes every single chip I just mentioned, all in a fanless iPad Air. The would-be Surface Laptop AMD Ryzen 6800U would be right on par with M1...which would make that SQ3 look like a bad deal.

Microsoft is sandbagging the lineup for ARM.

Re: Intel plans thousands of job cuts in face of PC slowdown

#52

Post by lalaithion » Wed, Oct 12, 2022, 6:26 PM UTC

mattfrommars wrote: post #36

QuarterRoy wrote: post #10

I’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 Stre…

Sorry, care to explain why did you mention Wall Street in your post? What does it signify?

Wall Street is metonymy for the stock market.

Re: Intel plans thousands of job cuts in face of PC slowdown

#53

Post by steveBK123 » Wed, Oct 12, 2022, 6:27 PM UTC

keepquestioning wrote: post #42

spamizbad wrote: post #39

Earlier quoted context omitted.

Might make sense: If you're selling mostly to mobile OEMs and data centers you need a completely different sales/marketing strategy that's more focused on whale hunting than building "brand awareness" to a broad consumer market.

"Intel Inside" worked..

Should have pitched their mobile strategy as "Intel Outside"

Re: Intel plans thousands of job cuts in face of PC slowdown

#54

Post by srinivgp » Wed, Oct 12, 2022, 6:27 PM UTC

hn_throwaway_99 wrote: post #40

disillusioned wrote: post #30

Isn't this just a culmination of nearly a decade of unforced errors and mismanaged strategy? I'm a complete outsider but I see a couple of fundamental huge misses by Intel over the past 10 or so years: 1) Completely missed the boat on mobile. Their ARM-competitive chips (Atom, etc.)... weren't. Missed on every measure from power to performance. Let Qualcomm and Samsung eat their lunch. 2) Missed too many ticks and re…

> It's absolutely incredible to watch these formerly phenomenally innovative companies falter at that very core competency of staying cutting edge but we see it happen over and over again. To be frank, I think that's a great thing. I don't want companies to stay giant in perpetuity, I think it's great that they are essentially "recycled" when new, better companies come along and eat their lunch. If anything I think i…

IF a company goes bad, it's great that new companies eat their lunch.

It's bad for a company to go bad.

It's bad for a company to lock out competition.

Re: Intel plans thousands of job cuts in face of PC slowdown

#55

Post by chrisseaton » Wed, Oct 12, 2022, 6:27 PM UTC

gspencley wrote: post #46

hn_throwaway_99 wrote: post #32

I think this is the first major layoff announcement at a big, established tech firm I've heard this year that is anywhere near this size. I mean, there have been loads of "couple hundred" employee layoffs, and certainly a lot of hiring slowdown/freezes, but again, haven't seen anything else near this big, and the layoffs previously seem to have been concentrated in unprofitable VC-funded companies. I know Tesla laid…

I don't know a lot of the details, but everything I've heard over the last couple of years indicated that AMD was absolutely crushing Intel. A recent laptop I purchased, as well as the last desktop I put together (~2 years ago) each have Ryzen chips. I forget the details but in addition to performance issues, didn't Intel CPUs also have some major security vulnerabilities? And was it that they were related to instruc…

> I don't know anyone who is buying or recommending Intel CPUs at the moment.

Aren’t the major cloud providers still mainly running on and buying Intel?

Re: Intel plans thousands of job cuts in face of PC slowdown

#56

Post by brokencode » Wed, Oct 12, 2022, 6:28 PM UTC

mattfrommars wrote: post #36

QuarterRoy wrote: post #10

I’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 Stre…

Sorry, care to explain why did you mention Wall Street in your post? What does it signify?

“Wall Street” refers to stock investors and analysts who put pressure on the company to increase their profit and share prices above all else. They are motivated primarily by making a profit on their investment rather than long term health of the company.

This is due to the New York Stock Exchange being located on Wall Street in New York.

Re: Intel plans thousands of job cuts in face of PC slowdown

#57

Post by ChrisMarshallNY » Wed, Oct 12, 2022, 6:28 PM UTC

keepquestioning wrote: post #42

spamizbad wrote: post #39

Earlier quoted context omitted.

Might make sense: If you're selling mostly to mobile OEMs and data centers you need a completely different sales/marketing strategy that's more focused on whale hunting than building "brand awareness" to a broad consumer market.

"Intel Inside" worked..

It was the bunny suit dancers...

https://www.youtube.com/watch?v=YMCNILzZsWk

Re: Intel plans thousands of job cuts in face of PC slowdown

#58

Post by jrockway » Wed, Oct 12, 2022, 6:28 PM UTC

hn_throwaway_99 wrote: post #40

disillusioned wrote: post #30

Isn't this just a culmination of nearly a decade of unforced errors and mismanaged strategy? I'm a complete outsider but I see a couple of fundamental huge misses by Intel over the past 10 or so years: 1) Completely missed the boat on mobile. Their ARM-competitive chips (Atom, etc.)... weren't. Missed on every measure from power to performance. Let Qualcomm and Samsung eat their lunch. 2) Missed too many ticks and re…

> It's absolutely incredible to watch these formerly phenomenally innovative companies falter at that very core competency of staying cutting edge but we see it happen over and over again. To be frank, I think that's a great thing. I don't want companies to stay giant in perpetuity, I think it's great that they are essentially "recycled" when new, better companies come along and eat their lunch. If anything I think i…

> I think it's great that they are essentially "recycled" when new, better companies come along and eat their lunch.

Don't you have on the order of tens of thousands of dollars invested in Intel through retirement savings, though? When S&P 500 companies fail, your retirement savings become worthless. (Apple is really the one you want to watch out for, though!)

Re: Intel plans thousands of job cuts in face of PC slowdown

#59

Post by [deleted] » Wed, Oct 12, 2022, 6:28 PM UTC

mattfrommars wrote: post #36

QuarterRoy wrote: post #10

I’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 Stre…

Sorry, care to explain why did you mention Wall Street in your post? What does it signify?

[deleted]

Re: Intel plans thousands of job cuts in face of PC slowdown

#60

Post by b2hhaQ » Wed, Oct 12, 2022, 6:29 PM UTC

The cited source states that "Some divisions, including Intel’s sales and marketing group, could see cuts affecting about 20% of staff".

This article extrapolates that out to "All divisions will cut 20% of staff".

It's unfortunate for a lot of people regardless, but the report seems (for now) to be exaggerated.