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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

#241

Earlier quoted context omitted.

"Intel Inside" worked..

Should have pitched their mobile strategy as "Intel Outside"

By the time mobile got big, Intel was no longer an ideas company. There is no way they could have come up with a tagline this good.

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

#242
post #224

Intel is laying off so they can increase their profit margin from 45% back to 60% so investors are happy? Am I reading this correctly?

Is Intel meant to be a jobs program? Should they just hire and retain people they don’t need…just to keep them employed? Should they hire me to twiddle my thumbs for $100k a year just because they can afford to? Increasing productivity is a good thing actually.

a company that has low profit and employees a lot of people as a lot more beneficial for society than the opposite

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

#243
post #242

Earlier quoted context omitted.

Is Intel meant to be a jobs program? Should they just hire and retain people they don’t need…just to keep them employed? Should they hire me to twiddle my thumbs for $100k a year just because they can afford to? Increasing productivity is a good thing actually.

a company that has low profit and employees a lot of people as a lot more beneficial for society than the opposite

is *

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

#244
post #50

Earlier quoted context omitted.

I wonder if it did? Who bought a laptop because it had an Intel CPU? I know I always bought Intel laptops because Intel laptops were the only things available, not because I have some high view of Intel as a brand. I imagine the vast majority of laptop buyers wouldn't even know what an Intel is.

It was one of the most successful branding campaigns. It allowed Intel to become the primary brand over the laptop/pc vendors. You can buy Acer/HP/Dell/... Because they are all Intel. Even non tech people understood that and this gave great bargaining power to Intel.

> It was one of the most successful branding campaigns. It allowed Intel to become the primary brand over the laptop/pc vendors.

I mean, it coincided with that. It's not clear how much was caused by branding/marketing and how much was caused by Intel being better (at least in laptops) from the Core Duo days until now[1] plus-or-minus a few years?

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1. Honestly, I haven't kept up with laptop hardware performance during the AMD chiplet era.

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

#245

Earlier quoted context omitted.

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…

> everything I've heard over the last couple of years indicated that AMD was absolutely crushing Intel. AMD market cap: $93B Intel market cap: $104B And now you will no longer be able to say that everything you've heard indicates that AMD is "absolutely crushing Intel".

No post body was provided.

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

#246
PCs?

Gamers (and non-Mac high-end desktop performance users) would seem to be a pretty small slice of the pie these days. I have a high-end current M1 laptop but I do a lot of my work on a couple of 7 year old Intel-based desktop/laptop machines which are perfectly fine although they're about to go out of OS support. (Though I'll probably use them for a few more years anyway.)

I remember when you wanted a new PC with every tick of the processor cycle. These days, for most people, who cares?

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

#247
post #50

Earlier quoted context omitted.

I wonder if it did? Who bought a laptop because it had an Intel CPU? I know I always bought Intel laptops because Intel laptops were the only things available, not because I have some high view of Intel as a brand. I imagine the vast majority of laptop buyers wouldn't even know what an Intel is.

> Who bought a laptop because it had an Intel CPU? If you're a Linux user, Intel integrated graphics have always been the most compatible and most well-supported option.

> If you're a Linux user, Intel integrated graphics have always been the most compatible and most well-supported option.

You forgot to add, "worst performing by a mile" to the feature list.

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

#248

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…

Oracle is/was laying off thousands as of August. Within the past 12 months: Peloton laid off over 4000. Snap 1280 (which is 20% of the company,) Shopify 1000 (10%.) Groupon laid off 15%. Salesforce, 1000. Microsoft 1800. Carvana (while not "big established" it's still a lot of people) laid off 2500. Tencent laying off 5500. Alibaba: 9500, ByteDance: 1000, Zillow 2300. This definitely isn't really the first major layo…

No post body was provided.

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

#249
post #233

Earlier quoted context omitted.

>historically high employment rates People will believe any statistic that aligns with their mindset. Unemployment rates are at historical lows within a small margin, it's been 50 years since unemployment has been lower (i.e. something like 60% of Americans have not seen lower unemployment in their whole lives), and since the WWII war economy that they've been significantly lower (i.e. almost nobody alive).

Historically high employment rates == historically low unemployment rates, right?

Not necessarily: https://www.investopedia.com/terms/d/discouraged_worker.asp

In the UK people sometimes make the claim that the unemployment rate the government is quoting is so low because people have given up even looking

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

#250
post #246

PCs? Gamers (and non-Mac high-end desktop performance users) would seem to be a pretty small slice of the pie these days. I have a high-end current M1 laptop but I do a lot of my work on a couple of 7 year old Intel-based desktop/laptop machines which are perfectly fine although they're about to go out of OS support. (Though I'll probably use them for a few more years anyway.) I remember when you wanted a new PC with…

Can't recall where I heard this recently, a podcast I think, there was a CS professor talking about undergrad introductory programming classes. He said that about 5 years back his students stopped coming in with experience using a PC because they'd only been using phones/tablets. So the prof said it was kind of like going back ~25 years when not a lot of incoming students had PC experience either.
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